Phrases with «leasable space»

"Leasable space" refers to any area or room that is available for rent or lease to individuals or businesses. It is a specific portion of a property, such as an office building, retail store, or apartment, that can be occupied by someone who agrees to pay rent for its use. Full definition

Sentences with «leasable space»

  • The properties are 98.5 percent leased and contain 3.6 million square feet of gross leasable space. (nreionline.com)
  • As of December 31, 2017, the company owned interests in 492 U.S. shopping centers comprising 83 million square feet of leasable space primarily concentrated in the top major metropolitan markets. (investors.kimcorealty.com)
  • Just to give an extreme example in order to demonstrate this point, consider the case that the property has a large lease representing 70 % of the total leasable space, which is expiring in the next year and has a contract rate significantly above market rents. (xelonline.com)
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