Posted by Mike S. on May 27, 2009 at 11:06:55:
In Reply to: Re: Ray's insights on these 2 choices posted by Mike S. on May 27, 2009 at 08:56:03:
When I posted the NNN sq footage, I based that on what the lease stated. (signed prior to construction) I just looked at the architect drawings and it is going to be 7591 total sq ft if you count the basement bay areas and 5874 if you only count above ground areas. $213 psf or $276 psf to build and lease rates of $17.91 psf or $23.15 psf. Sounds a little better though the residuals still stink. But...at least I'd avoid funding wasteful goverment programs.
I'll have to read your book about 5 times before I do another deal (once is not enough) as it is full of useful information. Once again I appreciate the lengthy replys to my posts and sorry about the inaccurate numbers I provided. Mike
- Re: One more thought ray@lcorn 11:20:22 05/27/09 (3)
- Re: One more thought Mike 05:50:31 05/31/09 (2)
- Re: One more thought ray@lcorn 10:24:24 06/02/09 (0)
- Re: One more thought Mike S. 15:53:44 05/31/09 (0)