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The buildout meaning, which is a term frequently used in commercial real estate, is not what you might assume at first glance. Buildout is not exactly the same as building. Instead, buildout refers to the rest of the construction process that occurs with a space that has already been built in its raw form.

Full build-out means that nominal building and clearing footprints consistent with highest and best use as allowed under current zoning were applied to all private and undeveloped parcels with development potential in the floodplain.

What exactly does a Base Year Stop mean? The LeaseMatrix Commercial Leasing Glossary defines a Base Year Stop as: The annualized amount per rentable square foot that a landlord pays toward the operating expenses of a building. Amounts exceeding the expense stop are billed to the tenant.

plural build-outs also buildouts. 1. a. : work done to make a structure or system ready for use or to bring a construction or development project to a completed state. When the build-out of the campus is complete, as many as 7,500 students will attend class there.

Build-out Costs means, in respect of either Project, the Construction Costs in respect of such Project and includes, without limitation, all financing or debt service costs (inclusive of interest and fees, whether paid, accrued or deferred) associated with any financing of the foregoing.

Build -Out: This happens when the space is already finished and may have been previously occupied by another tenant. The landlord may agree to remodel the unit ing to the needs of the tenant. This might include general improvements to the space or a complete remodel.

In a reverse build to suit development, the tenant essentially acts as the developer. The tenant will construct its building upon the landlord's approval and at the landlord's expense.

A space being marketed as "fully built-out" is one that was most likely occupied by a tenant in the recent past and the current condition of the space reflects the previous user's layout and finishes.

The buildout meaning, which is a term frequently used in commercial real estate, is not what you might assume at first glance. Buildout is not exactly the same as building. Instead, buildout refers to the rest of the construction process that occurs with a space that has already been built in its raw form.

Full build-out means that nominal building and clearing footprints consistent with highest and best use as allowed under current zoning were applied to all private and undeveloped parcels with development potential in the floodplain.

What exactly does a Base Year Stop mean? The LeaseMatrix Commercial Leasing Glossary defines a Base Year Stop as: The annualized amount per rentable square foot that a landlord pays toward the operating expenses of a building. Amounts exceeding the expense stop are billed to the tenant.

plural build-outs also buildouts. 1. a. : work done to make a structure or system ready for use or to bring a construction or development project to a completed state. When the build-out of the campus is complete, as many as 7,500 students will attend class there.

Build-out Costs means, in respect of either Project, the Construction Costs in respect of such Project and includes, without limitation, all financing or debt service costs (inclusive of interest and fees, whether paid, accrued or deferred) associated with any financing of the foregoing.

Build -Out: This happens when the space is already finished and may have been previously occupied by another tenant. The landlord may agree to remodel the unit ing to the needs of the tenant. This might include general improvements to the space or a complete remodel.

In a reverse build to suit development, the tenant essentially acts as the developer. The tenant will construct its building upon the landlord's approval and at the landlord's expense.

A space being marketed as "fully built-out" is one that was most likely occupied by a tenant in the recent past and the current condition of the space reflects the previous user's layout and finishes.