| The Enterprise and Economic Development Glossary |
| a resource of the .network library |
real estate: ... land described by specifying its shape and boundary dimensions as well as its attached rights, i.e., everything affixed to it that cannot be moved; real property; Terminal points and angles (metes and bounds) are used to specify shape and boundary. According to one real estate glossary, a real estate parcel is an ... officially described piece of land (source). Site selection is an enterprise development effort to find commercial and industrial real estate. The effort, however, goes beyond searching merely for a real estate site. It's combined with the gathering and analysis of information about locations. A real estate site is defined as a parcel of real estate. The word site may also refer to the location. Real estate sites is a item that typically identifies specific information about their availability provided in a location data package. Also the item shows us as a link at the websites of location data suppliers The site selector chooses a place that satisfies selection criteria, then zeros in on the property needed. If time is of the essence with the enterprise development project, the real estate quickly becomes a construction site. The process of enterprise development involves having or searching for (site selection) a real estate site or property, such as available facilities, for expanding existing operations or starting up a venture. Also, relocation includes real estate site selection. according the the real estate glossary at www.foreclosuresmass.com ... an officially described piece of land; a piece of real estate (see the definition of real estate above) identified by its shape and boundaries. Unlike a real estate site (see above) a real estate parcel doesn't necessarily have to be developed, for example, it may serve as a buffer or green space . A real estate buffer is an area of land that
shields or protects by hindering or discouraging passage, preventing
trespass, or obstructing view. It may for example, be land with a fence
or other man-made barrier, or it may be dedicated green space (see
the definition of green space above) left in a natural state.
The development of real estate sites (see the definition of real
estate site above) in an area may require that a specified amount
of land be dedicated as a buffer. In places where there is concern for
balancing development and protecting the environment, green
buffers or natural buffers may
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02/25/2010 |