GLOSSARY
WarehouseA commercial building or space primarily used for the storage of goods or inventory. Warehouses come in various sizes and configurations, ranging from small storage units to large distribution centers. |
Warm shellalso known as semi-finished space, refers to a commercial property that is partially built out with basic infrastructure and amenities but lacks certain interior finishes and customization. |
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Water tightThe ability of a commercial property to prevent water infiltration and leakage, effectively sealing the building envelope and protecting the interior spaces from water damage. |
Wear and tearRefer to the gradual deterioration or damage that occurs to a commercial property over time due to regular use, occupancy, and environmental factors. |
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WorkspacesWorkspaces the areas within a commercial property that are specifically designed and equipped for various types of work activities. |
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