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See also leasehold improvements. Any construction related modification made by, or on behalf of a tenant. Upon completion, typically it is deemed to be property of the landlord.
|Industrial Real Estate||
Property used for the processing and manufacturing of goods. Industrial real estate includes all land and buildings either utilized or suited for industrial purposes.
|Internal Rate of Return (IRR)||
The percentage rate earned on each dollar that remains in an investment each year. The IRR of an investment is the discount rate at which the sum of the present value of future cash flows equals the initial capital investment.
The sum of all the square footage constructed in a market. The percentage of inventory that is available for lease is called the availability rate.
See Internal Rate of Return.