What is special-purpose buildings?
Structures so specialized (e.g., purpose-built plants with unique power, structural, or clean-room needs) that they have little value to alternative users, which tends to favor owning over leasing.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.
