This is the quoted base rate for rentals before rent increases or incentives. It is the asking...
Author - Kevin Coulston
Endowment
This is a fund comprised of bequests and gifts. Endowments are subject to a requirement that the...
Basic Employment
This is any employment bringing new or additional income, and it is considered to be export-driven...
Cost-approach land value
This is the estimated worth of the fee simple interest in the land as if vacant and available for...
Buy Online and Pick up in Store (BOPIS)
An example of an omnichannel retail experience, BOPIS refers to the practice of buyers browsing and...
Debenture
This refers to bonds that are issued without security—in short, an unsecured loan. These are...
Contractor Controlled Insurance Program (CCIP)
This refers to an all-encompassing insurance policy that normally covers workers' compensation...
Breakeven Occupancy
One of the less frequently used ratios in commercial real estate is the breakeven occupancy. It is...
Go Dark
Included in a retail tenant's lease, go dark is a clause that permits a tenant to stop operations...
Census
This is the official population count illustrating the number of people living in a certain area...