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Search Results for:

Graduated Lease

Definitions

A lease, generally long-term in nature, in which rent varies depending upon future contingencies.

Gravity or Gravitational Models

Definitions

Economic models that apply to all types of retailing situations in which a spatial dimension is present; assert that groups of customers are drawn to certain locations because of f ...

Great Depression, The

Definitions

The greatest and longest economic recession in modern world history; began with the US stock market crash of 1929 and did not end until 1946 after World War II; some of the many re ...

Great Recession, The

Definitions

The most severe economic recession in the US since the Great Depression; applies to both the US recession, officially lasting from December 2007 to June 2009, and the ensuing globa ...

Gross Building Area

Definitions

The total floor area measured from the exterior of the walls, including below-grade space but excluding unenclosed areas.

Gross Domestic Product (GDP)

Definitions

An estimated value of the total worth of a country’s production and services, within its boundary, by its nationals and foreigners, calculated over the course of one year.

Gross Floor Area (GFA)

Definitions

The sum of the floor areas of the spaces within the building, including basements and mezzanine and intermediate-floored tiers; excludes non-enclosed (or non-enclosable) roofed-ove ...

Gross Income Multiplier (GIM)

Definitions

A capitalization technique that uses the ratio between the sale price of a property and its potential gross income or its effective gross income; may be multiplied against the inco ...

Gross Leasable Area (GLA)

Definitions

The total area rented to tenants, including basements and mezzanine and intermediate-floored tiers; measured from the outside wall surface to the center of interior partitions.

Gross Lease

Definitions

A commercial lease where the tenant pays a base rent and the landlord pays for all operating expenses related to the tenant’s occupancy of the space such as common area maint ...

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