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The capture, diversion, and storage of rain for future beneficial use. Typically a rain barrel or cistern stores the water.
Someone who represents sellers or buyers of real estate/real property
A refund resulting from a purchase or tax
Wastewater that has been treated and purified for reuse
Recycled refers to materials (most commonly paper, glass, plastic and aluminum) that have been collected and manufactured into new products.
The GLA for this centre varies between 300,000 and 799,999 square feet. Its main attraction is generally the combination of anchors. A regional centre is usually enclosed with an inward orientation of the stores connected by common areas/walkways or “malls”, flanked on one or both sides by various entrances. It could be multi-leveled with escalators, stairs and elevators between levels. Off-street paved parking surrounds the outside perimeter. It may be surface or structured and there may be outparcels or pad store locations.
Renewable Energy Certificates (RECs) are the tradable, legal rights to the environmental benefits of green power. These rights can be sold separately from the actual electricity (kWh).
The computed area of a building as defined by the guidelines of Building Owners and Managers Association (BOMA) and typically measured in square feet, including both core/structure and useable area. The actual square foot area for which the tenant will pay rent. It is the gross area of an office building, less uninterrupted vertical space (such as stairways and elevators). Unlike useable area, rentable area includes common areas such as lobbies, restrooms, and hallways as well as the measurement of structural columns and architectural projections.
Also known as Real Estate-Owned property; which is bank or lender-owned due to foreclosure.
An RFI is primarily used to gather information to help make a decision on what steps to take next.
Is a document that solicits proposal, often made through a bidding process, by an agency or company interested in procurement of a commodity, service, or valuable asset, to potential suppliers to submit business proposals.
Is a standard business process whose purpose is to invite suppliers into a bidding process to bid on specific products or services. RFQ typically involves more than the price per item.
Modernization of building systems such as heating, ventilation and air conditioning (HVAC); security; fire alarms; and energy management. The tenant remains in the building, and the building use and square footage do not change. Retrofit is often done together with a renovation. (source: The NAIOP Research Foundation, 2017)
A transit service in which individuals travel together in a passenger car or small van that seats at least four people.
Designation program serves the educational needs of both third-party property managers and corporate property managers.