Sentences with phrase «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
The properties are 98.5 percent leased and contain 3.6 million square feet of gross leasable space.
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.
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.
The company's portfolio of property investments includes interests in 16 million sq. ft. of leasable space in 42 retail centers, 34,032 residential units in 114 apartment communities, 7.2 million sq. ft. in 24 office buildings and 2,936 rooms in nine hotels.
As of December 31, 2011, the company owned interests in 946 shopping centers comprising 138 million square feet of leasable space across 44 states, Puerto Rico, Canada, Mexico and South America.
The company is under contract to buy seven retail properties, with 1.5 million square feet (140,000 square meters) of gross leasable space, mostly in the New York City area.
Those centers, mostly in major U.S. metro markets, encompass about 84 million sq. ft. of leasable space.
Mitchell Goldhar owes his fortune largely to Smart REIT, a retail and mixed - use real estate development company that boasts 31 million square feet of leasable space.
The 33 - acre site, which had been owned by KingSett until 2014, contains more 552,675 square feet of leasable space.
The company's portfolio is valued at almost $ 30B and includes 73 properties offering 38 - million square feet of leasable space.
The deal will create Canada's largest REIT, with an enterprise value of approximately $ 16 billion, 752 properties, and 69 million square feet of leasable space.
The building is comprised of 21,500 sqm of leasable space and includes over 300 parking lots.
The result: PREIT, which owns interests in 23 shopping centers in seven eastern states, doubles its gross leasable space to 11.8 million square feet.
Following the acquisition, Kimco will own interests in 684 properties comprising approximately 98.0 million square feet of leasable space.
The vacancy rate, as the term implies represent the percent of leasable space that is vacant and is calculated as:
The occupancy rate is the ratio of a property's occupied square meters over the total leasable (excluding non-leasable space) square meters of the property: Occupancy Rate = Occupied leasable space / Total leasable space
For example, an office building with 10,000 square meters of leasable space that has 9,000 square meters of occupied space will have an occupancy rate of 90 %.
The companies said the deal will create Canada's largest REIT, with an enterprise value of approximately $ 16 billion, 752 properties and 69 million square feet of leasable space.
Canadian real estate investor Ivanhoé Cambridgecontinued to deploy its growth strategy in the United States with the acquisition of a 100 percent interest in the Wells Fargo Center, a 47 - story, class - A office tower in Seattle with 983,600 sq. ft. of leasable space.
As of September 30, 2007, Inland American's consolidated portfolio included 399 properties, encompassing 31.5 million square feet of leasable space.
Agree Realty currently owns and operates a portfolio of 87 properties, located in 23 states and containing approximately 3.4 million sq. ft of gross leasable space.
The company currently owns and operates a portfolio of 90 properties, located in 24 states and containing approximately 3.4 million sq. ft. of gross leasable space.
It currently owns interests in 49 properties containing 23.4 million sq. ft. of leasable space.
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