Reference
Industrial bay glossary
23 terms you will meet in an industrial bay listing, lease or inspection.
| Term | Meaning |
|---|---|
| Additional rent | The tenant's proportionate share of the building's operating costs, paid on top of net rent. Also called operating costs, op costs, TMI or CAM. |
| Apron | The paved area immediately outside a loading door, used for manoeuvring and staging. |
| Bay | Either a structural module of a building's frame, or a leasable industrial unit. Context decides which. |
| Clear height | The unobstructed height from the finished floor to the lowest overhead obstruction. |
| Commodity class | A fire-protection classification of stored goods based on how readily they burn. |
| Demising wall | The fire-rated wall separating one tenancy from the next. |
| Dock leveller | A hinged plate bridging the gap between a dock and a trailer deck. |
| Drive-in door | A loading door at floor level. Also called a grade door. |
| ESFR | Early Suppression Fast Response — a ceiling sprinkler system designed to suppress rather than control a fire. |
| Fixturing period | A period before rent commences during which the tenant fits out the space. |
| Grade door | A loading door at floor level, driven straight into. |
| Gross-up | Adjusting variable operating costs to what they would be at full occupancy before apportioning them. |
| Make-up air | Tempered outside air brought in to replace air removed by an exhaust system. |
| Mezzanine | An intermediate floor over part of a space, often over the office. |
| Net rent | Rent for the space alone, exclusive of operating costs. Also base rent or basic rent. |
| Occupancy permit | The municipal approval permitting a completed space to be occupied for its approved use. |
| Point load | A concentrated load applied to a small area of slab, such as under a rack post. |
| Rentable area | The area on which rent is charged, which may include a share of common areas. |
| Reserve fund | A condominium corporation's fund for major repairs and replacements. |
| Restoration | The tenant's obligation to remove alterations and return the premises to a defined condition. |
| Structural bay | The distance between column lines in a building's frame. |
| Three-phase power | An electrical supply configuration required by most fixed industrial machinery. |
| Usable area | The area actually usable by the tenant, inside its own walls. |