Archives: CRE Dictionary

Archives: CRE Dictionary

vacant space
CRE Dictionary
Vacant space
Vacant space is the total rentable area (RA) of all space that is available to let or for sale within 3 months from now (the sum of both nominal and…
pipeline entries
CRE Dictionary
Pipeline entries
Pipeline entries are real estate development projects that have entered the pipeline (have acquired a building permit and / or had their plans approved, but that have not yet become…
projected pipeline
CRE Dictionary
Future pipeline
Future pipeline includes all real estate development projects that will enter the pipeline at some point, but have not done so yet (are still conceptual or even conceptually non-existent). To…
delivery
CRE Dictionary
Delivery
A delivery is when a real estate development (or units within a development) gets leased to new tenants and / or sold to new owners, after effective completion is reached…
let / occupied space
CRE Dictionary
Let / occupied space
Let / occupied space is the total rentable area (RA) of real estate stock that is under contract with lessees (that is let and occupied but also that is not…
total stock under conversion
CRE Dictionary
Total stock under conversion
The total stock under conversion is the total projected rentable area (RA) of space at a point in time that will result from projects that are currently under conversion from…
abandoned development
CRE Dictionary
Abandoned development
Why is the concept of “abandoned development” useful? Before defining what an abandoned development is, it is important to discuss why it is a crucial term in commercial real estate.…
stalled development
CRE Dictionary
Stalled development
A stalled development is a real estate development project that has been “on hold” for more than 1 year but has not yet been deemed abandoned.  This is important as…