In this article, you'll learn:

  • Key terms like assignment, CAM, and base year that impact your lease.
  • How rent escalations and CPI adjustments affect your rent costs.
  • The importance of tenant improvements and allowances in lease negotiations.
  • Understanding triple net leases and usable vs. rentable square footage.

Commercial real estate can be complex. It also comes with a set of key terms that you should know. Whether you are new to commercial real estate, or just need a refresher, here are 27 commercial real estate terms to get familiar with: 

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