• May 16, 2017



Vacancy Rate: The percentage of vacant space in a building due to non-occupancy of an available, rentable unit or space.

Vanilla Box: A plain “vanilla shell” or “vanilla box” is generally considered to be a space with a sparsely furnished interior (e.g., with basic plumbing, heating, HVAC, electrical outlets, a concrete floor, sheet rocked walls and in most cases a restroom or rooms). 

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