If one floor of garage below grade is added to the example pro forma at 20,000 gross square feet (GSF) using the parking

If one floor of garage below grade is added to the example pro forma at 20,000 gross square feet (GSF) using the parking stall efficiency figure of 350 SF/stall and the rental of $200/stall, what did that do to the original pro forma?

What risks does a developer have by modifying the pro forma to make the project appear more profitable than it might actually be?


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