If new office space can rent for an amount that produces. An NOI of $45 per square

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If new office space can rent for an amount that produces. An NOI of $45 per square foot, and market cap rates are 4.25%.

What is the formula to determine the maximum per square foot amount that can be paid to build a new office building profitably?

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Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

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Posted Date: Jun 07, 2023 12:18 AM

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If new office space can rent for an amount that produces. An NOI of $45 per square

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