A Central Business District (CBD) is the commercial and business center of a city, often characterized by a high concentration of office buildings, retail stores, and cultural institutions.
An office park is a planned development specifically designed to accommodate office buildings and their supportive facilities, such as restaurants and gyms. These parks may be tailored to attract particular types of tenants, including research or medical services.
Tenant Improvements (TIs), also known as leasehold improvements or build-outs, refer to changes made to the interior of a rented commercial property to customize it for the specific needs of the tenant.
