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Berger Commercial Realty Brokers $36.9 Million Sale of 34-Acre Land Parcel; Awarded Exclusive Leasing Assignment for New Major South Florida Industrial Park

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Joseph Byrnes answers: A lease rate is stated as $10.00 PSF. What does that mean?

$10 per square foot would be the annual rental rate for the space in question. What you would do you would take the size of the space, multiply it by the $10 per square foot, divide that by 12 and you’ll have your monthly rent.

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