This refers to core assets that have some element of risk or opportunity that comes with it. An example of this is an asset located in a retail building that has a tenant taking 10 to 15 percent of the space that will vacate the property in the next couple of years, and that space needs to be re-leased or upgraded.
Core Plus
This refers to core assets that have some element of risk or opportunity that comes with it. An example of this is an asset located in a retail building that has a tenant taking 10 to 15 percent of the space that will vacate the property in the next couple of years, and that space needs to be re-leased or upgraded.