If the rent for a renewing tenant is S25/sf and the rent for a new tenant is $28/sf, what is theprojected PGI per square foot if the probability of the current tenant renewing their space is .75? Thebuilding offers a total of 50,000 square feet of rentable space and this particular tenant occupies10,000 square feet. If the remaining space in the property is fully occupied, what is the expectedoccupancy rate for the building given the market leasing assumptions, lease renewal probability,and months vacant? For the given renewal probability and an expectation that it will take 6 monthsto find a new tenant, what is the vacancy adjustment per square foot for this tenant?

Given that: Renewing tenant is $25 and a new tenant is $28. We have to calculate expected occupancy…

Answered: If the rent for a renewing tenant is…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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