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Assuming the owner of a midsize office building recover all operating expenses from their tenants except management and administrative expenses .The rentable area of the
Assuming the owner of a midsize office building recover all operating expenses from their tenants except management and administrative expenses .The rentable area of the office building is 100,000 square feet. The amount of operating expenses recoverable from tenant in the current year is 700,000.Tenant B OCCUPIES 10000 square feet of the building and has an expense stop of $ 5.50 per square foot. How much of the building's reimbursable operating expenses will the owners recover from tenant B?
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