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
Service Center Showroom
A type of flex facility characterized by a substantial showroom area, usually fronting a freeway or major road.
Shadow Space
That portion of leased space which is vacant but not available space. Shadow space is difficult to measure. (Synonym: Phantom Space)
Side Loading Dock
A loading dock configuration designed to facilitate the loading and unloading of a vehicle through its side.
Single tenant Office Building
A building for which there is a single lease obligation or is 100 percent owner occupied.
Site Preparation
Site work done before groundbreaking. Typically, leveling ground construction permits are issued prior to the “under construction” phase.
Split Face Block
A split-face block is a concrete block molded with two units face-to-face and subsequently split apart. This process allows a more fnished appearance on the exposed surface.
Straight Line Rent
The accumulation of rental income (including months that have free rent, discounted rent and fixed rent increases) divided by the term of the lease will give you a straight line rent. Straight-line rent provides a way to compare rents on various properties using a consistent methodology.
Sublease Space
Sublet space that is available for sublease by a tenant (the "Sub-Lessor") to another lessee (the "Sub-Lessee") for a term equal to or shorter than that held by the tenant under its original lease with the landlord.
Submarket
Specific geographic boundaries that delineate core areas within a market area. Submarkets are non-overlapping, contiguous geographic designations having a cumulative sum that matches the boundaries of the market they are located within. Submarkets are defined by distinct boundaries dependent on market factors such as a core of competitive buildings.
Super Flat Floor
Concrete floors with minimal variations in elevation from point to point. These floors are primarily found in automated warehouses where picking machinery and closed spaced racks mandate the need for level flooring to insure proper operation of the warehousing machinery. Super Flat Floors are specified according to the “F-Number System” which is government by The American Concrete Institute (#117) and Canadian Standards Association (#A23.1) standards for the specification and measurement of concrete floor flatness and levelness.