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lease-up

    0.01 sec.
lease-up

The time period for a newly available property to attract tenants and reach stabilized occupancy.



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As these projects near completion and begin lease-ups, I expect the concession war that already has started will grow.
So, building costs may increase slightly on projects aiming for Bronze, Silver, Gold, or Platinum LEED cenification, but it is estimated that high tenant satisfaction and consistent lease-ups will lead to buildings with higher-thannormal-occupancy, and thus, potential for greater net operating income (NOI) and appreciation.
 
 
 
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