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A tenant signs a lease for an 18,000 SF office space. The lease includes an expense stop that stipulates that the tenant will reimburse the
A tenant signs a lease for an 18,000 SF office space. The lease includes an expense stop that stipulates that the tenant will reimburse the landlord for any operating expenses that exceed $10.00/SF. Operating expenses in Year 1 of the lease are $10 and are expected to increase $0.25 each year. What will the tenants total reimburseable amount be for operating expenses in Year 4?
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