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CAM charges for retail leases in a shopping mall must be calculated The retail mall consists ofa total area of 28 million square feet of which 800000 square feet has been leased to anchortenants

CAM charges for retail leases in a shopping mall must be calculated. The retail mall consists ofa total area of 2.8 million square feet, of which 800,000 square feet has been leased to anchortenants that have agreed to pay $2 per rentable square foot in CAM charges. In-line tenantsoccupy 1.3 million square feet, and the remainder is common area, which the landlord believeswill require $8 per square foot to maintain and operate each year. If the owner is to cover totalCAM charges, how much will in-line tenants have to pay per square foot?CAM charges for retail leases in a shopping mall must be calculated. The retail mall consists of a total area of 2.8 million square feet, of which 800,000 square feet has been leased to anchor tenants

 

May 16 2020 View more View Less

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