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A commercial leasing agreement is also called a commercial property, commercial real estate, business, industrial, and office space lease. [1] The individual in ownership of the property to be rented is called the lessor or landlord. [2] The lessee or tenant uses and rents the property owned by the lessor and provides them with monetary ...
An edge city is a term coined by Joel Garreau's in his 1991 book Edge City: Life on the New Frontier, for a place in a metropolitan area, outside cities' original downtowns (thus, in the suburbs or, if within the city limits of the central city, an area of suburban density), with a large concentration of jobs, office space, and retail space.
Westport Plaza is a 42-acre (170,000 m 2), commercial development, resort, and entertainment center [1] located in Maryland Heights, Missouri. Westport was built by a prominent St. Louis developer, Thomas J. White, [2] and opened in 1973. [3]
Due to the speculative nature of large scale real estate developments, mega-mixed-use projects often fall short on meeting equity and affordability goals. High-end residential, upscale retail, and Class A office spaces appealing to high-profile tenants are often prioritized due to their speculative potential. [ 16 ]
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The application to the City of Fairview Heights for a special use permit states that the new store will employ 15-20 full and part-time staff. Beamguard said they will hire up to 20 people ...
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
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related to: retail spaces available for lease in maryland heights il real estate