Dark Shell in Commercial Real Estate
A dark shell refers to a commercial property that is leased to a tenant without interior improvements, such as heating, lighting, interior walls, plumbing, or a
Commerical Leasing
Everything in Commerical Leasing in the Commercial Real Estate Glossary.
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Loss to Lease in Commercial Real Estate
Loss to lease is one of the most essential metrics in multifamily real estate, and can be defined as the difference between actual rent and market rent. In gene
Rent Escalation Clauses in Commercial Real Estate
In most commercial leases, rents are set to increase over time. How often, and by how much they increase is specified in a lease contract’s rent escalation clau
Net Effective Rent in Commercial Real Estate
Net effective rent is a calculation of average monthly rental cost that incorporates landlord rental concessions, typically a free month of rent. For example, i
Lease Assignment in Commercial Real Estate
A lease assignment occurs when a tenant fully transfers their lease to another party. This is particularly important for tenants who wish to get out of their le
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