The plaza Landing Strip Center is a 50,000-square foot strip shopping center located in the southeastern part of the United States. Management must decide between two strategies: Option 1: Lease the entire center to a national superstore grocery chain at $3.75 per square foot per year over the next 15 years. Option 2: Lease 25,000 square feet to a local anchor-tenant grocery store at $.250 per square foot per year for 15 years and the remaining 25,000 square feet to specialty tenants (in-line) at $12 per square foot per year for five years, followed by two successive five-year optional renewal periods. All leases are assumed to be triple net (e.g., net of operating expenses, property taxes, and insurance) a) Which option do you recommend? Assume that the required rate of return for Option 1 is 10 percent. Further assume that the required rate of return for Option 2 is 15 per cent. b) Why is the required rate of return higher under Option 2 than Option 1? Briefly discuss. c) Why do you think specialty tenants (in-line tenants) are willing to pay higher rents than anchor tenants