Question: Problem 9-2 As CFO for Everything.com, you are shopping for 5,000 square feet of usable office space for 25 of your employees in Center City,

 Problem 9-2 As CFO for Everything.com, you are shopping for 5,000
square feet of usable office space for 25 of your employees in
Center City, USA. A leasing broker shows you space in Apex Atrium,
a 10-story multitenanted office building. This building contains 300,000 square feet of
gross building area. A total of 45,000 square feet is interior space
and is nonrentable. The nonrentable space consists of areas contained in the

Problem 9-2 As CFO for Everything.com, you are shopping for 5,000 square feet of usable office space for 25 of your employees in Center City, USA. A leasing broker shows you space in Apex Atrium, a 10-story multitenanted office building. This building contains 300,000 square feet of gross building area. A total of 45,000 square feet is interior space and is nonrentable. The nonrentable space consists of areas contained in the basement, elevator core, and other mechanical and structural components. An additional 30,000 square feet of common area is the lobby area usable by all tenants. The 5,000 square feet of usable area that you are looking for is on the seventh floor, which contains 28,000 square feet of rentable area, and is leased by other tenants who occupy a combined total of 20,000 square feet of usable space. The leasing broker indicated that base rents will be $30 per square foot of rentable area. Required: a. Calculate total rentable area in the building as though it would be rented to one tenant. b. Calculate the load factor and common area on the seventh floor only. c. Calculate the rentable area, including the load factor for common areas on the seventh floor and the total rent per square foot that will be paid by Everything.com for the coming year if it chooses to lease the space. d. Calculate the load factor and common area on the seventh floor, assuming that the owner adjusts the load factor for other common areas in the building e Calculate total rent per square foot, assuming that adjusted load factors are applied to usable area for both the common areas in the building lobby and on the seventh floor Complete this question by entering your answers in the tabs below. Required A Required B Required Required Required E Calculate total rentable area in the building as though it would be rented to one tenant Total rentable area square foot harta Required > Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Calculate total rentable area in the building as though it would be rented to one tenant. Total rontable na square feet Required Required 8 > Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Calculate the load factor and common area on the seventh floor only. Round load factor to 2 decimal places. (Rour factor to 2 decimal places.) Load factor for 7th floor Common area on 7th floor square feet Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Calculate the rentable area, including the load factor for common areas on the seventh floor and the total rent per that will be paid by Everything.com for the coming year if it chooses to lease the space. Rentable area square feet Total Rent Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Calculate the load factor and common area on the seventh floor, assuming that the owner adjusts the load fact common areas in the building. (Round "load factor" to 2 decimal places and "common area" to the nearest who Load factor for 7th floor Common area on 7th floor square feet Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Calculate total rent per square foot, assuming that adjusted load factors are applied to usable area for both the areas in the building lobby and on the seventh floor Total rent per year

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