5 part question:

Nova Corp decided to forego the 50,000 SF office building and look at three different options:

1. Which opportunity represents the best deal for the landlord?
   1. Building A
   2. Building B
   3. Building C

2. If Nova Cares biggest concern is cost of occupancy, which building should they select?
   1. Building A
   2. Building B
   3. Building C

3. Before a lease is signed, the landlord of Building B contacts Nova Corp and says they are willing to reduce annual increases to 2%. Should Nova Corp accept the offer?
   1. Yes
   2. No

4. What is the Equivalent Rent for Building A?
   1. $28.76
   2. $25.19
   3. $28.50
   4. $30.44

5. Tenant Improvement Allowances have more of an impact to Nova Corp than do Abatements.
   1. TRUE
   2. FALSE

Starting Rent Annual Annual increases Tem (Yrs) Abated Months Tenant improvement Allowance/SF Discount Rate Building A Building B Building C $28.50 $29.00 $31.00 3.596 3.0% 2.0% 5.00 5.00 5.00 3 Z 4 $15.00 $17.00 $20.00 6% % 696 Starting Rent Annual Annual increases Tem (Yrs) Abated Months Tenant improvement Allowance/SF Discount Rate Building A Building B Building C $28.50 $29.00 $31.00 3.596 3.0% 2.0% 5.00 5.00 5.00 3 Z 4 $15.00 $17.00 $20.00 6% % 696