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
Leased Space
Leased space includes all space under contract, regardless of whether the space is currently occupied by a tenant. Leased space need not be physically occupied; it also includes space being offered for sublease. If sub-tenant space is excluded from the calculation, the term Direct Leased Space is recommended.
Leasing Activity
Leasing activity is the sum total of the square footage of space that is committed to and signed under a lease obligation for a specified building or market in a given period of time, without regard to actual occupancy status. It includes direct leases, subleases, renewals, expansions of existing leases. If a sub-tenant space is excluded from the calculation, the term Direct Leasing Activity is recommended. Leasing activity also includes any preleasing activity in under construction, planned buildings or under renovation buildings.
LEED or Leadership in Energy and Environmental Design
LEED® is a third-party certification program under the U.S. Green Building Council (USGBC). It is a nationally accepted benchmark for the design, construction and operation of high performance sustainable buildings. Certification levels are Certified, Silver, Gold and Platinum and based on points obtained in seven areas: Sustainable Sites; Water Efficiency; Energy & Atmosphere; Material & Resources; Indoor Environmental Quality; Innovation in Design. See www.usgbc.org
Loading Dock
An elevated platform at the shipping and delivery door of a building; usually at the same height as the floor of a motor truck or railroad car to facilitate loading and unloading. These doors can be exposed on the outside wall of the building or covered with a canopy or other construction to cover or protect the loading area