Occupancy

[Sarah]

The act of taking or holding possession; possession;occupation. Title by occupancy (Law), a right of property acquired bytaking the first possession of a thing, or possession of a thingwhich belonged to nobody, and appropriating it. Blackstone. Kent.

[Sarah]

derivative of occupy

synonyms: reside, inhabit, obtain

[Tanya Shivari]

The costs associated with a building (either a distribution center or store), including lease payments or amortized capital outlay, plus all maintenance and utilities.

[Tracie Lynn]

The action or fact of occupying a place.