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.
A Distribution Center is a specialized warehouse facility focusing on the receipt, temporary storage, and redistribution of products to various retail locations or customers. Often, these centers are integral to supply chain and logistics strategies.
A kiosk is an independent stand that is used for selling merchandise. It is often located in the common areas of large shopping centers and malls, catering to consumer convenience and typically offering products ranging from food to small novelty items.
Occupancy Costs (Total) refers to a tenant's cumulative rent expense, generally including base rent, percentage rent, and additional charges. This key metric is pivotal for retail businesses in assessing the affordability and profitability of a given commercial space.
A Specialty (Shopping) Center is characterized by a distinctive environment typically anchored by restaurants, theaters, or other entertainment venues, offering unique merchandise and targeting both tourists and local shoppers.
