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Commercial Real Estate Glossary

Heating
"Gas Fired" are heated coils with blowers. Other types are: Electric, Oil Fired and Oil
Steam. "Yes" means there is heat, but the type has yet to be confirmed. "None" means there is no heat.
High Speed Internet
Indicates that the building is wired specifically for Internet use, to avoid the typical on-line traffic associated with use of dial up services.
Hospitality
This type of property includes all types of lodging facilities including hotels and motels. Hotels are facilities that offer lodging accommodations and a wide range of other services, e.g., restaurants, casinos, convention facilities, meeting rooms, recreational facilities, and commercial shops. These facilities can be labeled Resort, Mixed Use, Luxury, Full Service, Extended Stay, Convention, Apartment, All Suite, etc.

Motels are single buildings or group of buildings typically located on or near a highway and are designed to serve the needs of travelers by offering lodging and parking; may also provide other services and amenities, e.g., telephones, food and beverages, meeting and banquet rooms, recreational areas, swimming pool, shops.
Hotel
Identifies a property as a Hospitality facility, or indicates that a mixed-use building or a building park contains a Hospitality facility.
HQ/Branch
Indicates whether this is the tenant's main headquarters ("Main Headquarters'), a branch office ("Branch Office") or it is a franchise ("Franchise").

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