CHP 51 - Office Brokerage

Question 1

Floor Plate

Answer 1

Cross-section of the unoccupied building indicating core and usable areas

Question 2

Evaluting movements of new supply against office employee headcounts

Answer 2

Office market’s market gap

Question 3

Office Market

Answer 3

All of the office properties within a geographical or municipal area

Question 4

Bay Depth

Answer 4

Distance between exterior window or wall and the common area corridor

Question 5

Principal locational factors impacting office user’s requirements

Answer 5

Support services and retail amenities

Question 6

Disaggregated demand analysis is defined as…

Answer 6

Tracking office space demand by submarket or use type

Question 7

Unit of demand in an office market

Answer 7

Employee square feet

Question 8

The efficiency factor of a building is derived by what equation

Answer 8

Usable area/rentable area

Question 9

Usable area measurement indicates….

Answer 9

How much actual space is available for use

Question 10

Market Gap

Answer 10

An imbalance between office demand and office supply

Question 11

1st checkpoint in a leasing transaction for the agent representing the tenant

Answer 11

To sign a listing agreement w/ their desired agent

Question 12

Internal supports that may contain plumbing installations

Answer 12

Columns

Question 13

In tenant representation who pays brokers commission

Answer 13

Tenant unless stipulated in agreement

Question 14

Vacancy rate of an office market can be described as

Answer 14

Area of unoccupied and available space in relation to total space

Question 15

Aside from price primarily a office property buyer wants

Answer 15

reliable cash flow

Question 16

AN office broker’s territoty can best be defines as

Answer 16

All properties included in the broker’s defined area of specialization

Question 17

In general the office user is most concerned about….

Answer 17

employee productivity