Asking Rent

CRE Resources

Reis Glossary

Use this tool to find CRE related terms, and their corresponding definitions, as they are used in our reports.

Asking Rent

Definition:
For retail and industrial properties, rent is a weighted average quoted as monthly NNN rent per square foot. Office properties are a weighted average quoted as monthly gross rent per square foot. For apartment properties, rent is a weighted average quoted as monthly gross rent per unit.