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18 Cards in this Set
- Front
- Back
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Absorption Rate |
The number of units capable of being absorbed by the market over a given time period |
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Capital Market |
The market for capital assets of all types |
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Community Center |
Designed to serve an area within a 3- to 5-mile radius with a with a wider variety of merchandise then a neighborhood center. |
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Demand |
The amount or quantity of the good or service that will be desired at various price points. |
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Equilibrium |
Where demand=supply
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Freestanding Retail |
A retail building not located in a shopping center
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Gross Absorption |
The total number of units or square footage absorbed by the market in a specified period of time.
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Market |
Set of circumstances and arrangement through which buyers and sellers exchange goods and services
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Market Analysis |
(Vacant space + space in construction) / (net absorption per month)
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Months Supply |
The number of months required to absorb the current supply |
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Neighborhood Center |
A shopping center intended to serve customers from a specific geographic area
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Net Absorption |
The amount of space rented to tenants or sold to buyers after taking into consideration space vacated by tenants or owners |
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Real Estate Asset Market |
The market in which ownership of investment properties is traded between buyers and sellers |
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Real Estate Space Market |
Market in which occupancy of investment properties is purchased by tenants from owners
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Regional Center |
A shopping center that contains between 300,000 and 750,000 square feet in gross leasable area and contains at least one full-line department store. |
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Super-regional Center |
A shopping center that exceeds 750,000 square feet of gross leasable area and includes at least three department stores
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Supply |
The amount or quantity of the good or service that will be offered at various prices.
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Vacancy |
Number of units vacant in a property
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