Retail Properties

Pad Sites in Commercial Real Estate

Pad Sites in Commercial Real Estate

A pad site is a commercial space that is next to or adjacent to an already existing building, typically located in a retail shopping center. Pad sites are in contrast to the main retail space, which is sometimes called the “inline” space.

Merchant Builders in Commercial Real Estate: Definition & Explanation

Merchant Builders in Commercial Real Estate: Definition & Explanation

Merchant builders are commercial real estate developers who build properties and sell them in a short time frame. Merchant builders develop properties in all asset classes, including multifamily and single-family homes.

Floor Plate in Commercial Real Estate: Definition & Explanation

Floor Plate in Commercial Real Estate: Definition & Explanation

Floor plate is a term that indicates the amount of square footage that can be leased on each floor of a commercial building. Due to structural considerations, in high-rise buildings, floor plates on lower stories are typically larger than floor plates on higher stories.