Capture rate refers to the portion of total sales in a market that are achieved by a specific entity or project. This concept is commonly used in real estate, retail, and other industries to determine market performance and analyze competitive advantage.
In commercial real estate, Net Leasable Area (NLA) refers to the portion of a building or project that can be leased to tenants, excluding common areas and spaces dedicated to building operations.
Net Leasable Area (NLA) refers to the portion of a commercial building that is available for lease to tenants. It excludes common areas such as lobbies, restrooms, and utility rooms.
