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These offices command a rent premium over raw space and, perhaps more important, rent quicker, providing the owner with an early cash flow, he added.
But visibility along the toll road doesn't come cheap: that location demands a 10 to 15percentt rent premium, he said.
One analysis in the Seattle area found that cheap residential parking may cost some people a rent premium north of $200 a month.
Research from Professor Nils Kok from Maastricht University shows that green buildings in the U.S. command on average a 3% higher rent rate, generate 7% higher cash flow (rent premium plus higher occupancy rates seen in green buildings) and demand 13% higher transaction prices when sold.
Similar(56)
Office rent premiums, I find, rise around 0.6% per floor, or about 6% for every 10 floors higher.
At Raging Waters, guests who rent a premium cabana ($150 to $170 a day) can get food and drinks brought to them by a park server.
Merrill Lynch will be on the 46th and 47th floors, in the type of space for which starting rents in premium buildings are more than $50 a square foot per year, rising to more than $60 a foot over the term of the lease.
Cheaply built houses with low ceilings, crammed onto a single block and rented at premium rates.
This may not be simply a matter of greed either, but a matter of economic survival, especially for primary care doctors who can see upward of 30 patients per day while trying to afford their payroll, rent, malpractice premiums, and IT costs for their required new electronic medical records.
It is only with aluminum purchased through the LME that our property is held for an extraordinary period of time, with the penalty of paying additional rent and premiums to the warehouse owners, until we get access to the metal we have purchased.
When it comes to aluminum, cotton, coffee, oil, wheat, and copper the behemoth banks have been charging all manner of rents and premiums for doing nothing other than controlling supply through creating artificial delays to drive up prices then reap the windfall of their own manipulation.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com