noun
place to put something; storage space
A designated spot or area for keeping things; often used in compounds like 駐車場 (parking lot) or 荷物置き場 (luggage storage).
ここは自転車置き場です。
This is the bicycle parking area.
荷物置き場はあちらです。
The luggage storage is over there.
Compound of 置き (oki, continuative form of 置く 'to put') + 場 (ba, 'place').