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What is Flex Space? Flex space in commercial real estate refers to versatile and adaptable workspaces designed to accommodate the evolving needs of businesses. This type of space allows for various configurations, fostering an environment that can be easily reconfigured to suit different purposes, from individual work to collaborative meetings. Flex space often includes shared […]
LEED® (Leadership in Energy and Environmental Design): Overview & Influence on Commercial Real Estate LEED or Leadership in Energy and Environmental Design, is an internationally recognized green building certification system created by the U.S. Green Building Council (USGBC). This framework is designed to guide the design, construction, and operation of buildings with an emphasis on […]
Commercial Building Classes: Class A, Class B, & Class C Explained In commercial real estate, properties are often categorized into classes—Class A, Class B, and Class C—based on various factors that distinguish their quality, amenities, and overall desirability. These classifications help investors, tenants, and real estate professionals to understand the characteristics and potential of a […]
What are Air Rights? Commercial Real Estate Explained Air rights in commercial real estate refer to the legal rights to use or control the space above a particular piece of land or property. These rights allow the property owner to build, lease, or sell the space above their land independently of the land itself. Essentially, […]
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