A building offers 60,000 square feet of rentable space and it currently occupied by two tenants, A and B. If tenant A occupies 35,000 square feet of space and tenant B occupies 13,000 square feet.
Required:
a. What is the buildingís current occupancy rate?
b. If the annual expense for utilities is $2.15/sf and utilities are 30% fixed, what is the utility expense based on the occupancy rate?
Answers: 2
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A building offers 60,000 square feet of rentable space and it currently occupied by two tenants, A a...
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