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All Forum Posts by: Victor Grullon

Victor Grullon has started 2 posts and replied 4 times.

Post: Office Condo Investment

Victor GrullonPosted
  • Posts 4
  • Votes 0

Hi, for the purchase of an office in an office condo, would you base your offer on the usable sf or rentable (gross) sf? I know when leasing it is rentable sf but in the case of buying would the same apply even if you also have to pay monthly condo association fees.

Hi Wendell, thanks for your response! Just to clarify, this same logic of using the rentable square footage would apply to a purchase as well? Even though as a condo unit owner I will have to pay monthly Condo Association Fees for use of the common areas/bathrooms etc.

Hi, I am looking to purchase an office in an office condominium. Should I base my offer on the usable/occupiable square footage or the gross square footage (rentable square footage)?

Usable: 815 sf.

Gross/Rentable: 965 Sf.

Hi, I am looking to purchase an office in an office condominium. Should I base my offer on the usable/occupiable square footage or the gross square footage (rentable square footage)?

Usable: 815 sf.

Gross/Rentable: 965 Sf.