What one says when secretly referring to a woman's gorgeous rear end or absolutely mind blowingly stunning cleavage when one is in a group with his fellow bros and/or female friends.
Bombshell walks by a group of two guys.
Person 1: Hey bro check it out!
Person 2: What?
Person 1: NICE SPACE.
Person 2: Yeaaaaa.
Person 1: Hey bro check it out!
Person 2: What?
Person 1: NICE SPACE.
Person 2: Yeaaaaa.
by Dan The Impaler. December 4, 2011