Glossary Quick Links: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z  A Above Building Standard Absorption Absorption Average Adaptive Reuse Project Add-on Factor Add-On Factor Add-on rent charges Addendum Ammenities Amortization Anchor Tenant ANSI Appraisal Appreciation ARM As-Is Condition Assessment Assignment Average Gross Rent Average Net Rent B Balloon Payment Base Building Improvements Base Rent Base Year Broker's Commission Brokerage Community Building Core Building Shell Building Standards Buildout C CAM Cancellation Clause Cap Capital Contribution Capital Costs Capital Expenditures Capital Expense Capitalization Rate Cash Flow Cash Flow Management Census Tracts Class A Building Class B Building Class C Building Class of Building Commencement Date Commission Agreement Commitment Letter Comparative Analysis Construction Allowance Construction Cost Construction Drawings Contiguous Space Credit Tenants D Debt Coverage Ratio Debt Service Demised Premises Demographics Demolition Clause Designated Market Area (DMA) Development Area Direct Inquiry Distribution Property/Facility Double Net Due Diligence E Economic Rent Economic Value Effective Date Effective Net Rent Effective Rate Equity Escalation Clause Estoppel Certificate Exclusive Agency Agreement Exclusive Letter of Representation Exclusive Right to Lease Existing Conditions Space Expansion Option Expense Adjustment Expense Recovery Expense Stop F Face Rate Fair Market Rent First Right of Refusal Fixed Contributions Flat Rate Flex Space Floor Plate Floorplan Footprint Foreclosure Free Rent Full Service G Geographic Information System (GIS) Graduated Lease Gross Leasable Area (GLA) Gross Lease Gross Potential Revenue Gross Up H Hard Costs Holding Over HVAC I Industrial Gross J Janitorial Services L Landlord Landlord Broker Lease Abstract Lease Agreement Lease Buyout Lease Covenants Lease Outline Drawing (LOD) Lease Term Leased Vacant Leasehold Agreement Leasehold Value Leasing Agent Lessee/Tenant Letter of Credit Letter of Intent Loss Factor Lowest Divisible Space M Management Fee Market Rent Market Research Market Survey Master Lease Maximum Contiguous Space Metropolitan Area Metropolitan Statistical Area (MSA) Minimum Divisible Space Minimum Rent Mixed Use Development Month-to-Month Lease N Negotiated Inducements Net Absorption Net Lease Net Rent Net, Net Net, Net, Net Non-disturbance O Occupancy Cost Occupancy Rate Operating Expenses Outparcel Owner Occupied P Pad Tenant Parking Ratio Pass Through Plus Electricity Property Manager Punch List R Rail Access Raw Space Real Estate Taxes Recapture Renewal Option Rent Abatement Rent Adjustment Rentable Square Feet (RSF) Request for Proposal (RFP) Reverse Allowance Right of First Offer Right of First Refusal Rules and Regulations S Security Deposit Shell Space Space Plan Space Planner Specific Performance Clause Sublease Sublease Space Submarket Subordination Substantial Completion T Tenant Allowance Tenant Improvement Allowances Tenant Improvements (TI) Tenant Rep Broker Total Inventory Traditional Tenant Mix Triple Net Triple Net Lease Turn-key Construction U Unit Price Schedule Usable Method Usable Square Feet V Vacancy Rate Vanilla Box W Workletter

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