San Francisco : Architect and Engineer, Inc · leaf 362
The building is owned by a corporation formed bythe doctors and dentists who were the original oc-cupants of the center. Each doctor as a tenant is astockholder with an initial investment of $5,000 incommon stock in the corporation. In addition, a lim-ited issue of $200,000 in preferred stock was… … The total cost of the project was $665,264. Untilthe initial loan is amortized, each doctor pays to thecorporation a rental of $3.25 per square foot peryear. At the end of the amortization period, therental can be reduced to cover maintenance costs andexpenses and to build up a permanent building…
Architecture · Building
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