Good Morning! It’s Word of the Week Wednesday. Let’s look at hard corner. A hard corner refers to
a property located at a major intersection with traffic lights, where the commercial property can
be considered more popular for retail.
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CRE WORD OF THE WEEK
Good morning! It’s Word of the Week Wednesday. Let’s look at effective rent. Effective rent, expressed in dollars per square foot either per year or per month depending on market standards, it is a measurement of the value of the lease when all the concessions plus escalations are included.
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CRE WORD OF THE WEEK
Good morning and happy New Year! It’s Word of the Week Wednesday, and it’s the last Wednesday of 2021! Let’s take a look at build-to-suit. Build-to-suit refers to a commercial space or building that is constructed to the client’s specifications and needs. The user of that space or building will have input on concept, design,…