<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/RxMGpB33xjOdBX3hTCQF20">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/RUhSbbDJZa8Crs3tIWcIfV"/>
  <rdfs:label>Parking - Real Estate Asset</rdfs:label>
  <skos:altLabel>Car Park</skos:altLabel>
  <skos:altLabel>Parking Facility</skos:altLabel>
  <skos:altLabel>Vehicle Storage Area</skos:altLabel>
  <skos:definition>Parking, in the context of real estate assets, refers to designated areas or structures designed for the temporary storage of vehicles. This type of real estate asset can include surface lots, multi-story garages, or underground facilities, often generating revenue through hourly, daily, or monthly fees.</skos:definition>
</owl:Class>