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Real Estate Glossary

Core

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Written by Richard Wilson

This refers to the 4 main property types: office, industrial, retail, and multifamily. These are multi tenanted, top quality properties that are usually situated in major urban areas. They are built within the last 5 years or have been recently renovated. Core assets are normally leased to high credit tenants with long term leases.

This refers to the 4 main property types: office, industrial, retail, and multifamily. These are multi tenanted, top quality properties that are usually situated in major urban areas. They are built within the last 5 years or have been recently renovated. Core assets are normally leased to high credit tenants with long term leases.

About the author

Richard Wilson