Contiguous space
Commercial property & real-estate term
1. Multiple spaces within the same building and on the same floor which can be combined and rented to a single tenant.
2. A block of space located on multiple adjoining floors in a building (i.e., a tenant leases floors 6 through 12 in a building).
Part of the Commercial Property glossary — plain-English definitions of the terms you meet when leasing, buying or selling commercial space in South Africa. See also our how-to guides.
More terms under “C”
Common areas Cash flow Commercial property Central business district (cbd) Cost approach Capital improvement Conversion clause Collateral mortgage
