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Search Results for:

Full Service Lease

Definitions

A commercial lease where the tenant pays a base rent and the landlord pays for all operating expenses related to the tenant’s occupancy of the space such as common area maint ...

Full Service Rent

Definitions

An all-inclusive rental rate that includes operating expenses and real estate taxes for the first year; tenant is generally still responsible for any increase in operating expenses ...

Full-Pool Carry (Waterfall)

Definitions

Distribution of Carried Interest in which Profits are distributed in the aggregate for the portfolio, generally at the end of the fund life.  Also known as Back-end Carry, Eur ...

Functional Obsolescence

Definitions

The reduction in a property’s value due to changes in tastes, preferences, technical innovations, or market standards.

Fund Expenses

Definitions

Broadly refers to the liabilities incurred in connection with (i) establishing a fund and (ii) operating a fund.

Future Proposed Space

Definitions

Space in a proposed commercial development that is not yet under construction or where no construction start date has been set; also may refer to the future phases of a multi-phase ...

General Consultant or Consulting Firm

Definitions

One or more experts that provide professional advice and recommendations across all  asset classes to an individual or an organization for a fee.

Geo-Fence

Definitions

A virtual perimeter for a real-world geographic area.

Geographic Core

Definitions

A geographic area containing the customers of a particular firm or group of firms for specific goods or services; encompasses 50 to 80 percent of a store's customers; the area ...

Geographic Information System(s) (GIS)

Definitions

System(s) (usually computer-based) used for capturing, handling, storing, retrieving, managing, manipulating, and displaying geographic information or geo-coded data.

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