DCT LEASE
HVAC is an abbreviation for this.
What is Heating, Ventilation, and Air Conditioning?
This is typically the largest annual capital expense for industrial Landlords.
What are Roofs?
GAAP is an abbreviation for this.
What is Generally Accepted Accounting Principles?
The number of markets that DCT is in.
This concept covers when the Landlord and Customer agree to not sue one another if the claim is covered by insurance.
What is the Waiver of Subrogation?
ESFR is an abbreviation for this.
What is Early Suppression, Fast Response?
Name the four groups that make up "DCT's Customer Service Team"
What are Market Leaders, Property Management, Project Management, and Accounting?
These amounts are added back to NOI (Net Operating Income) to compute FFO (Funds From Operation).
What are Interest and Depreciation?
The general term for Customer's equipment used in the movement & storage of goods in a warehouse.
What is Material Handling?
This is the most single important driver of Net Income.
What is Leaseing space/Revenue?
This unit of measurement is used to describe the compressive strength of concrete.
What is pounds per square inch (psi)?
This is the primary role of the Project Manager when assisting Property Managers perform capital or make ready jobs. Hint: It's not the contract.
What is Qualifying Scope?
Changing exterior HID and fluorescents to LED, installation of drought tolerant plant material and drip irrigation.
What are sustainable improvements?
These are Customer's personal items that are typically removed at lease termination.
What are Trade Fixtures?
These materials are typically used to fill slab control joints.
What are epoxy or polyurethane caulking (MM-80)?
This is where team members can obtain reports generated by Property Management, such as A/R and variance reports. Hint: It's not Dawn Delaplaine
What is the S: Drive?
This concept allows a Customer to make monthly payments in addition to base rent to pay the Landlord principal and interest for the cost of certain improvements.
What is Amortization?
DCT became a publicly traded company in this year.
This concept describes when the Customer or Landlord fail to comply with the obligations under the lease.
What is a Default?
These are the three standard methods for installing a roof membrane.
What are Ballasted, Mechanically Fastened, and Fully Adhered?
This was the Budgeted Maintenance Capital for 2018 ($/sf).
What is $0.257psf?
The name of the group of buildings which we have owned for the prior 12 months, which is the primary metric investors use to value our performance versus the prior year.
What is the Same Store Pool?
These are the two primary costs that comprise turnover costs.
What are Tenant Improvements and Brokerage/Leasing Commissions?