About CoStar Group (CSGP)–Commercial Real Estate Intelligence Provider

About CoStar Group (CSGP)–Commercial Real Estate Intelligence Provider

Commercial Real Estate Glossary

Improvement Ratio

Stated as a percentage - this is the ratio of the tax assessor's opinion of the assessed value of the improvements divided by the assessed value of the whole property. CoStar does not calculate this ratio - CoStar only reports the ratio provided by the tax assessor in the Comps Product.

In-line Store

A retail outlet placed contiguous to neighboring retailers such that their frontages are in a straight line and behind what is considered the lease line. Tenants operating in the common area are not considered in-line.

Index Lease

A provision in a lease agreement that requires escalations in rent based on a published index, such as LIBOR, T-bills, or a cost of living index such as CPI.

Industrial Gross Rent

A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. Exact details must be confirmed for each lease.

See Services

Industrial Property

A type of building(s) adapted for a combination of uses such as assemblage, processing, and/or manufacturing products from raw materials or fabricated parts. Additional uses include warehousing, distribution, and maintenance facilities.

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