triple-A tenant

triple-A tenant

A commercial tenant with excellent credit,extremely low sensitivity to temporary market downturns,and,ideally,national name recognition.Banks are generally included within the examples of triple-A tenants despite the lack of a national platform,because their financial strength and prestige make them very desirable tenants.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
According to Staav, there are international triple-A tenants ready to go to lease at both 47 Wooster Street and the currently vacant outdoor market space on the corner of Wooster and Spring Streets.
Other than the buildings now under construction, nothing's going to go up on the Waterfront without ironclad long-term commitments from Triple-A tenants.