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Commercial Real Estate Glossary

Data Center/Telecom Hotel
A building designed as a centralized repository for the storage, management, and dissemination of data and information. The primary characteristic of these facilities is that they have very few, if any, offices, because they principally house electronic equipment. A data center is owned or leased to one company and a telecom hotel leased to numerous companies. See also: Amenities
Date of Growth Question
The date on which the tenant was asked about their growth status.
Date Updated
The date the information for this tenant was last updated by a CoStar researcher.
Day Care Center
Retail secondary type. Single or multi-tenant building that offers child day care and/or pre-school services. Usually includes a playground area, may be divided into classrooms and have kitchen facilities.
Day-Care Facility
Indicates that there is a day-care facility in the building or on-site in the building park.
Debt Service
The annual sum of monthly payments made on a mortgage or trust deed. Depending on the type of the loan, payments are typically applied to the principal and the interest, or just interest-only.
Delivery Assumption
In context of Property Professional analytic forecasting, a user-entered variable for projecting vacancy rates. This assumption variable is for net deliveries and can be entered as a fixed or variable rate. See also: Forecast, Absorption Assumption
Demolished
A building status identifying buildings that have been destroyed (torn down, burned, earthquake, natural disaster, etc.) or were converted to a building type not tracked by CoStar (e.g., an office converted into a college). A building that has been converted from office to industrial or vice versa is also considered demolished. Demolished buildings remain in CoStar Property Professional database for historical purposes.
Direct Space
Space that is being offered for lease directly from the landlord or owner of a building, as opposed to space being offered in a building by another tenant (or broker of a tenant) trying to sublet a space that has already been leased. See also: Space Type
Divisible Space
The smallest amount of square feet to which the total unit of space may be divided.
DMA
Designated Marketing Area is an A.C. Neilson, Inc. geographic area based on measurable television viewing patterns. DMA's consist of all Zip Codes whose largest viewing share is given to stations of that same market area. All continental U.S., Hawaii and parts of Alaska are covered by non-overlapping DMA's.
Docks
See Loading Docks, Cross Docks, Drive-Ins, Levelators
Docks/Loading Docks
Platforms, located either on the exterior or interior of a building that are level with a truck to allow for loading/unloading of inventory from a truck. If there is no data, CoStar Group has not yet researched this field for this particular building. "None" means there are no docks "Yes" means there are docks. A number indicates how many docks. "Int" indicates "Internal" and "Ext" means "External". Other terms used to describe this may be "dock high" door, "tailgate", or "tailboard".
Document Number
The reference number that corresponds to the grant deed, warranty deed or conveying instrument at a county recorder's office.
Double Net (NN)
In context of lease service types, an arrangement where lessee may pay for two of the building expenses as determined by the landlord and lessee. See also: Services
Drive-Ins
An entrance that enables trucks to drive right in to the building. This type of door usually indicates manufacturing use. Field values may include: a numeric value indicating the number of drive-ins that exist, "Yes" indicating drive-ins exist, "None" indicating no drive-ins exist, and a measurement indicating the height and width of the drive-in. If there is a dash, CoStar Researchers have not yet researched this field for the particular building.

See also: Loading Docks, Cross Docks
Drug Store
Retail secondary type. Drug store buildings are usually located within a shopping center or along older commercial strips. They typically range in size from 12,000 to 20,000sf.
Dry Cleaner
Indicates that the building has a dry cleaner.

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