You are leasing the 15^th floor of a 25 story property. The 15^th floor has net rentable area of 30,000 sf of the building’s total square feet of 600,000. Assume the following regarding operating expenses:

• Total budgeted operating expenses are $10,000,000.
• Total actual operating expense are $12,000,000
• You are required to pay your share of operating expenses monthly

Calculate your estimated monthly operating expense amount and your annual amount due related to the year end operating expense (CAM) reconciliation.

Answer rating: 100% (QA)

Solution Budgeted operating expense 10 000000 Actual operating ex... View the full answer