(Solved by Humans)-a retail mall contains 2 million sq. ft. of space, of which 1.2

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Type of Paper:

Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

Question

a retail mall contains 2 million sq. ft. of space, of which 1.2 million is rentable area and 800000 is common area. Total CAM expenses are sh. 3 million and the anchor tenant occupy 500000 sq. ft. The owner of the mall has negotiated with for anchor tenants that they will pay sh. 2 per rentable foot for CAM charges on a combined total of 700000 sq. ft.

Compute the CAM charged for in-line tenants



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