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Employees travel for work, take vacation, or are working from home in greater numbers than ever before. To avoid having to lease or buy more office space, flex space allows a company to have a higher occupancy of cube space and less wasted work areas. At the beginning of the work day, an employee shows up at work.
Common area maintenance charges (CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property
Commercial buildings are buildings that are used for commercial purposes, and include office buildings, warehouses, and retail buildings (e.g. convenience stores, 'big box' stores, and shopping malls). In urban locations, a commercial building may combine functions, such as offices on levels 2–10, with retail on floor 1. When space allocated ...
The company began construction on a three-floor warehouse in Seattle, Washington, in November 2016, which was the first multi-story warehouse in the country. [49] The following month, Prologis also outlined plans to build a three-story warehouse in San Francisco. [48] In December 2016, Prologis received two 2016 Eurobuild CEE Awards. [50]
This is a list of notable warehouse districts. A warehouse district or warehouse row is an area found in many urban setting known for being the current or former location of numerous warehouses. Logistically, warehouses are often located in industrial parks, with access to bulk transportation outlets such as highways, railroads, and airports. [1]
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