Office Property definition

Office Property means a Property improved with a building or buildings the substantial use of which is office space, which may include a Property that is part of a Mixed-Use Project.
Office Property means any Property which constitutes primarily commercial office space other than a Parking Property.
Office Property means, at any time, a building or real property in Canada in which not less than 50% of the GLA is used or is reasonably capable of being used as office space.

Examples of Office Property in a sentence

  • For the purpose of this section, the owners of property shall be considered to be the persons listed in the most recent version of the Town of Bridgton Assessing Office Property Owner Lists, applicant must reference date of list used, available at the Town of Bridgton Municipal Office created by the Town of Bridgton Assessing Department and amended periodically.

  • For the purpose of this section, the owners of property shall be considered to the persons listed in the most recent version of the Town of Bridgton Assessing Office Property Owner Lists, applicant must reference date of list used, available at the Town of Bridgton Municipal Office created by the Town of Bridgton Assessing Department and amended periodically.

  • For the purpose of this section, the owners of properties shall be considered to be the persons listed in the most recent version of the Town of Bridgton Assessing Office Property Owner Lists, applicant must reference date of list used, available at the Town of Bridgton Municipal Office created by the Town of Bridgton Assessing Department and amended periodically.

  • Calculated as the sum of (Office Property Revenue — Office Property real estate taxes — Office Property operating expenses) divided by Office Property Revenue.

  • NOTE 8 — IMPAIRMENT During 2003, an Office Property was deemed to be impaired due to an analysis of the undiscounted cash flows.


More Definitions of Office Property

Office Property means any Real Property that is an office building and any related parking facility.
Office Property means a Property improved with, and from which at least 80% of the rental income is derived from the use of such Property as, office space.
Office Property means any office building property, including, without limitation, a research and development facility or a mixed-use complex, not less than 40% of the rentable square footage of which is used for offices and/or research and development space.
Office Property means all Assessor’s Parcels of Developed Property used as offices, including medical and dental offices and office condominiums, according to Assessor’s Data or as otherwise known to the CFD Administrator.
Office Property means all Assessor’s Parcels of Developed Property for which a building permit(s) permitting the construction of one or more non-residential facilities has been issued by the City which are, or are expected by the City to be, primarily used for: professional/medical offices, or for any other uses that are consistent with office land use designations, as determined by the City.