the Connection
Glossary

Real Estate Terms

Whether you are new to commercial real estate or are unsure about the correct use of an industry term, the TW glossary is your resource on what’s what. For example, the entry on lease types clarifies the distinctions between common commercial leases: Triple Net Lease (or NNN Lease), Base Year Lease (or Modified Gross Lease), and Full-Service Lease (or Gross Lease).

If you find an error or come across a term we need to add, please email your suggestion to National Marketing.