O'Brien Commercial

Pure. Tenant and Corporate Representation.

Cost of Occupancy

Expenditures that are required to assume and maintain occupancy of a space.  Such expenditures include rent and/or mortgage payments, and recurring costs, such as real estate taxes, repairs, operating expenses, and other outgoings directly resulting from the use of the property.  (Encyclopedia of Real Estate Terms 2nd Edition, Damien Abbott)

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