Office Tools
Office Space Planning List
Glossary of Terms
Important Links
Representation Letter
Mortgage Calculator
Office Space Calculator
Leasing
How Much Space do I Need?
The Leasing Process and Timing
Office Space Options
Virtual Office Space
Bigger Tenant Needs
Lease Types Defined
Lease Negotiation Tips
Buying
Information Request
The Buying Cycle
Leasing vs Buying
Arrow Financing Options
Arrow Related Links
Arrow Site Map
 
 
 
Send page to friends
 
 
Home Membership About Us Office Locator Helper Contact Us
   
Login
   
Top Banner
Our experts do the work, while you remain focused on your business.
 
Glossary of Terms

A B C D E F G H I J L M N O P Q R S T U V W
 
 
 
Vacancy Factor: The amount of gross revenue that pro forma income statements anticipate will be lost because of vacancies, often expressed as a percentage of the total rentable square footage available in a building or project.
 
Vacancy Rate: The total amount of available space compared to the total inventory of space and expressed as a percentage. This is calculated by multiplying the vacant space times 100 and then dividing it by the total inventory.
 
Vacant Space: Refers to existing tenant space currently being marketed for lease. This excludes space available for sublease.
 
Variance: Refers to permission that allows a property owner to depart from the literal requirements of a zoning ordinance that, because of special circumstances, cause a unique hardship. Included would be such things as the particular physical surroundings, shape or topographical condition of the property and when compliance would result in a practical difficulty and would deprive the owner of the reasonable use of the property.
 

 



 
 
 
Home | Login | Sitemap

Copyright © 2006 - 2007 OfficeLocator ™ All rights reserved. Website Design by Cenango Website Design by Cenango