Definition
The change in occupied space over a period, accounting for both move-ins and move-outs.
Example
Negative net absorption of 310,000 square feet reflected tenants downsizing at renewal.
Related terms
Frequently asked questions
What does Net Absorption mean in real estate?
The change in occupied space over a period, accounting for both move-ins and move-outs.
How is Net Absorption used in practice?
Negative net absorption of 310,000 square feet reflected tenants downsizing at renewal.
This definition is provided for educational purposes. Legal and tax terminology can carry jurisdiction-specific meaning — confirm with a licensed professional before relying on it in a transaction.