bay(redirected from Headlands and bays)
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(1) The smallest rentable tenant space in a strip center, usually defined by the front and rear exterior walls and fire walls at either side.(2) An unfinished area between rows of columns or loadbearing walls. (3) Loading areas in warehouse or industrial space. Ascertaining the number of bays necessary and available is usually critically important when working with buyers or potential tenants of such space.