Definitions for "NET ABSORPTION"
Net absorption measures the total amount of square feet (or comparable measure) leased over a period of time, less the space that is vacated during the same period.
The difference between space supplied in a market and space leased in that market over a set time period.
An adjusted calculation of the absorption rate, which measures the amount of space leased out during a period with an adjustment for space that has been vacated during that same period.