Term | Main definition |
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Phantom Space | Generally refers to space that is under lease to a tenant but not presently occupied. Usually created when a tenant consolidates or reduces operations in space it leases prior to the end of its lease term. The vacant but leased space may or may not be formally marketed on a sublet basis or counted among a market's vacancy.
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47 Kearny Street
San Francisco, CA 94108
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Phone: 415-981-5780
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California DRE #01183885