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Real Estate Glossary

Effective rent

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Written by Luis Escobar

Often called net effective rent (NER), this is a measurment of the value of the lease, including concessions and escalations. It is typically expressed in dollars per square foot per year or per month.

Often called net effective rent (NER), this is a measurment of the value of the lease, including concessions and escalations. It is typically expressed in dollars per square foot per year or per month.

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Luis Escobar

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