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In response to this scenario, stakeholders in the CommercialRealEstate sector, including landlords, developers, lenders, commercialpropertymanagers, and other interested parties, have turned their attention to a seemingly straightforward solution: the conversion of unused or vacant office space into residential units.
Weighted Average Lease Term for CommercialRealEstate Weighted Average Lease Term, commonly referred to as WALT, is an important metric that commercialrealestate investors and commercialpropertymanagers are well-versed in, or at least they better be.
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