In reference to leases, base refers to a face, quoted, dollar amount illustrating the rent or rate in dollars per square foot per year. It is typically called the base rate. Base can also be a chart pattern depicting a relatively narrow price range over a certain period.
Base
In reference to leases, base refers to a face, quoted, dollar amount illustrating the rent or rate in dollars per square foot per year. It is typically called the base rate. Base can also be a chart pattern depicting a relatively narrow price range over a certain period.