at least 2 paragraphs explaining answers in real estate

timer Asked: Nov 10th, 2016

Question description

In managing your office building in the bay area you have had a number of companies (tenants) move out recently. This is a problem because as your tenants leave by not renewing leases the revenue from the building decreases. You currently have 21.5% of the office space vacant with no tenants.

After investigating you discover that your "loss factor" is 30%.

What does this tell you about why you are losing tenants?

If your rent is $20.00 per sq. ft. annually how much more money in rent might this be costing a tenant in your building?

How can you remedy the situation?

Is it possible you could be fired over this?

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