Question
A tenant has a gross lease with an expense stop of $2.50/SF. If the building has 200,000 SF of leasable space, reimbursable operating expenses of
A tenant has a gross lease with an expense stop of $2.50/SF. If the building has 200,000 SF of leasable space, reimbursable operating expenses of $750,000, and the tenant rents 25,000 SF, then how much does the tenant owe the landlord in expense reimbursements (the total $ amount)?
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Real Estate Finance and Investments
Authors: William Brueggeman, Jeffrey Fisher
14th edition
73377333, 73377339, 978-0073377339
