the lease for a tenant occupying $12,000$ square feet of space is expiring in two years. The rent for the space will be $$20$ per square foot regardless of whether the tenant renews or if a new tenant signs on to takes the space. If the renewal probability is $\mathrm{.}60,$ what is your estimate for PGI for this space in year $3?$What is the vacancy adjustment for this space in year $3$ if you expect the space to be vacant for $6$ months if the existing tenant decides against renewing?he building offers $60,000$ square feet in total and remaining space in the building is fully occupied. What is the expected occupancy rate for the property in year $3?$