Interested to Buy Any Domain ? << Click Here >> for more details...
Case study
Real estate question:
1. Mr. Johnson owns a small commercial property which
has 4 units with a total square footage of 9384. The
property is located in an area suffering from high
vacancies. The current tenants remaining are ABC
Corporation, who occupies 2888sq ft. And recently
renegotiated and lowered their lease rate through 2011 and
XYZ electronics corp., who occupies 3350 sq.ft. With their
lease due to expire December 2010. The remaining 2 vacancies
are marketed by a local broker. Currently there are no
potential tenants viewing the vacant graces.
What might Mr. Johnson do to retain his 2 tenants and
attract new renters to his property and how might this
impact his income and/or expenses this year and next year?
Please explain your answer.
- 2 Answers
- 18785 Views
- ALP, Wells Fargo, I also Faced
- E-Mail Answers
Answer Posted / vijay reddy last mile
The case can be broken up into 3 main parts
1. Retain Existing Customers who occupy 6238sft
- Lower the sft rate on par with the market
- Free Maintenance
- Free Water
- One month free rent with tenant who is about renew
2. Attract 2 new tenants to fill 3146sft
- Aggressive marketing of space
- Attractive Pricing
- Free first one month rent, full year maintenance and water
- Lower the deposit
3. Impact on Johnson income/expense
- The impact can be either increased income because the additional 2 portions are filled with aggressive marketing and pricing options
- If the options do not work and the 2 spaces are not filled along with one existing tenant not renewing then there is drastic effect in the income and percentage of expense to income will increase
| Is This Answer Correct ? | 29 Yes | 4 No |
Post New Answer View All Answers
What is a Queen's Counsel and how does one become one?
INDIAN FACTOARY ACT , HOW ITS FOLLOW UP ?
The Supreme Court has taken over the judicial functions of the House of Lords. What impact do you think this will have?
what is the status of companies regarding merger, demerger and amalgamation in India ?
What will be the value of "F" forms in case of stock transfer to consignment agent?
Why do ask we about child labour? why sould not we ask about child basic development? when we have education cess, why the amount not been ment for the development of child labour? when we have a system to eradicate child labour? Why that force is not child thier to put them in kind of bostal school? why the parent should not be punished for the child labour
What is Bought out Dealings?
how one can prove statutory auditors liability according tp indian law?
A Customs Inspector is required to apply laws and regulations. What experience do you have in applying laws and regulations?
where can i find indian patnership act on the net?
what type of questions do i expect in a law officer interview?
Please Tell me friends......... I want to write group2 exam. How can i get material
i want to know all the things important for a giving upsc exam. moreover please inform me which book 0r material i use for preparing of upsc exam.
My father is a retired personfrom doordarshan kendrand lko. now working in contract with the samein average he is paid lee than 110,000 annualy but 10% tds isapplied on his total income Ican not understad it as he is senior citizen and apentioner also so it must not be done. then my question is how I am able to get back that deductions when retun the income tax file. thank you for advising me in this regard.
Should the state have the right to violate our privacy?
