A 15-story (equal size floors) office building has 12% nonrentable space, and the building lobby (107,947 square feet, rentable) occupies the first two floors. Company LYNX is interested in leasing one of the five equal sized usable areas for tenants on the sixth floor [floor total usable area = rentable square feet of the floor common space of the floor]. The sixth floors common space is 10,795 square feet. The leasing broker indicated that LYNXs annual rent will be $249,120. The owner will apply load factor for the common rentable space on the sixth floor as well as the load factor for the buildings lobby to calculate the rentable area for LYNX. (a) What is the Gross Area of the Building?

(b) What is the annual base rent per square feet of rentable space, rounded to zero decimal places, for LYNX?