| Leased Area |
The area contained within a building that is currently under contract to a tenant, either directly with the landlord or through a sublet contract with a former tenant. |
| Occupied Area |
The area contained within a building that is currently physically occupied by employees of a tenant |
| Vacant Area |
The area contained within a building that is currently physically unoccupied by a tenant |
| Available Area |
The area contained within a building that is currently being marketed as available for lease with an immediate or future possession date |
| Direct Available |
Space available for lease from the landlord |
| Direct Available Vacant |
The portion of Direct Available space that is physically unoccupied by a tenant |
| Vacant and Leased |
Space that is both physically unoccupied and leased but not currently being marketed as available |
| Direct Vacant |
The sum of Direct Available Vacant and Vacant and Leased |
| Sublet Available |
Space available for lease from one of the tenants in the building for the remaining portion of their lease term |
| Sublet Vacant |
The portion of Sublet Available that is physically unoccupied or unoccupied by a tenant |
| Total Vacant |
Sum of Direct Vacant and Sublet Vacant |
| Total Vacant Rate |
Total of Direct and Sublet Vacant divided by Total Office Area |
| Total Available |
Sum of Direct Available and Sublet Available |
| Total Available Rate |
Total of Direct and Sublet Available divided by Total Office Area |
| Change in Occupied Area |
Difference (positive or negative) between total Occupied Area for current quarter/year and total Occupied Area from previous quarter/year. |
