Cam charges for retail leases in a shopping mall must be, Ask an Expert

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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 that have agreed to pay $2 per rentable square foot in CAM charges.

In-line tenants occupy 1.3 million square feet, and the remainder is common area, which the landlord believes will require $8 per square foot to maintain and operate each year.

If the owner is to cover total CAM charges, how much will in-line tenants have to pay per square foot?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92081725

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