Define: Commercial center

The meaning of “Commercial center” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Commercial center defined in a legal contract?

  • Commercial center means a use of property for active ground floor uses such as retail. Seen in 5 SEC filings
  • Commercial center means a set of contiguous lands organized as a shopping center, strip mall, business park, office condominium, or a similar grouping that share mutual access, ingress, and egress easements. Seen in 2 SEC filings
  • Commercial center means a group of five or more businesses that utilizes common off-street parking and access and exhibit a common architectural design. Seen in 1 SEC filing
  • Commercial center means an area that includes numerous shops, and an administrative office center for the community. The commercial center provides services that includes shopping, restaurants, entertainment, and general retail services. Seen in 1 SEC filing
  • Commercial center means two or more retail businesses or services located on one or more lots or parcels with common parking facilities or access from a common drive. Seen in 1 SEC filing
  • Commercial center means a concentration of retail stores. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of commercial center' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

  • Commercial center means a property with active ground floor uses, primarily for retail.

Relevant Contract Types

Relevant Circumstances

  • Establishment of a new retail store
  • Lease or purchase of commercial properties
  • Renegotiating leases on existing premises

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Commercial center" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Commercial center'?

Commercial center means a property with active ground floor uses, primarily for retail

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