CAM charges for retail leases in a shopping mall must be calculated. The retail mall consists of
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CAM charges for retail leases in a shopping mall must be calculated. The retail mall consists of a total area of 2.8 million square feet. of which 800.000 square feet has been leased to anchor tenants that have agreed o pay 52 per rent able square foot in CAM charges. In-tine tenants occupy 1.3 million square feet. and the remainder is common area, which the landlord believes will require 58 per square foot to maintain and operate each year. If the owner is to cover total CAM charges. how much will in-line tenants have to pay per square foot?
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
Posted Date: