Our office building has a total square footage of 120,000 square feet.We have 9 tenants in the building and no vacancies.The total square footage of the tenant spaces is 105,000.A) What is the Load Factor for our building? B) The actual square footage of one of our tenant spaces is 11,250 square feet and this tenant has a gross lease.If our operating expenses for the building total $115,000 per year, how much will this particular tenant pay back to us for its share of operating expenses?

Answer rating: 100% (QA)

A The Load Factor for a building is the ratio of the total rentable square footage to the total usab... View the full answer