Weekly Commercial Real Estate Terms

Assemblage A purchase of two or more parcels by one property owner. The buyer may (but not always) pay a premium over the market value because of the buyer’s special motivations associated with buyer’s use of the combined parcels. Typically the buyer is in the process of assembling several contiguous parcels to make one large parcel for a particular project and this transaction is one of many purchases that have or will take place]]>

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