Question 37 (2 points) Listen Industrial buildings are favored by real estate developers for all of the following reasons except: 1) industrial companies tend to be reliable, credit worthy tenants. O2) leases are often long term. 3) most operating expenses are born by the tenant, 4) depreciation deductions are higher than those on residential rental properties. Question 38 (2 points) Listen Which of the following observations regarding demand for industrial space is untrue? 1) Demand for industrial space is a derived demand. 2) Demand for industrial space is largely a function of the demand for products produced by the industrial sector. 3) Changes in demand for industrial space are more volatile than changes in demand for industrial goods. 4) Manufacturers generally adjust their space needs based on long-term projections of product demand. Question 39 (2 points) Lissen