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Your organization is considering relocating from leased building #1 into leased building #2.

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Your organization is considering relocating from leased building #1 into leased building #2. Leased building #1 is 55,000 sq. ft. costing $1,100,000 annually. Leased building #2 is 50,000 sq. ft. costing $1,100,000 annually. Building #1 can house 500 people and building #2 can house 580 people. Your company's benchmark is $2,000.00 per person per year for leased space. Which building has a lower cost per sq. ft.?

A.

Building #1 has a lower cost per sq. ft.

B.

Building #1 and Building #2 are the same cost per sq. ft.

C.

Building #1 has a lower cost per person.

D.

Building #2 has a lower cost per sq. ft.

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