A retail mall contains 2 million sq. ft. of space, of which 1.2 million is rentable area
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A retail mall contains 2 million sq. ft. of space, of which 1.2 million is rentable area and 800,000 is common area. Total CAM expenses are Sh. 3 million and the anchor tenant occupy 500,000 sq. ft. The owner of the mall has negotiated with for anchor tenants that they will pay Sh. 2 per rentable foot for CAM charges on a combined total of 700,000 sq. ft. Compute the CAM charged for in-line tenants.
Related Book For
Fundamentals of Hydraulic Engineering Systems
ISBN: 978-0136016380
4th edition
Authors: Robert J. Houghtalen, A. Osman H. Akan, Ned H. C. Hwang
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