I’m into this thesis but last time I checked for a sizable office they wanted a 2x-3x premium vs comparable long-term lease market rates. That type of premium

I’m into this thesis but last time I checked for a sizable office they wanted a 2x-3x premium vs comparable long-term lease market rates. That type of premium felt irresponsible as compared to the possibility of increasing FTEs. My own gut is they can price at a 1.25x-1.75x vs. market.