Jun 23 • Market Discussion
You have to pick one…
A question for those far more financially savvy than me:
Suppose you could pick one park between two.
Each park has a 9% yield on cost.
The first park has contractor tenants using an efficient build design for your buildings. Rent is $12-$14 per square foot.
The second park has retail tenants ranging from youth sports coaching to Internet, startup and interior decorating with a showroom. Building ranges from showroom to luxury level finish. Rent ranges from $16-$20 a square foot.
Which park would you choose, ceteris paribus?
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15 comments
You have to pick one…
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