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What is your YOC (%), spread (basis points), and is it worth developing economically? Assumptions: Market Rents are $5 NNN per square foot (psf) Land,

What is your YOC (%), spread (basis points), and is it worth developing economically?

Assumptions:

Market Rents are $5 NNN per square foot (psf)

Land, Hard, Soft & Financing Costs total $70 psf

Market Exit Cap Rates are 5%

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