Understanding and correctly calculating your occupancy costs is obviously necessary for managing your company expenses. However, if you’re not sure what the various components are that contribute to your overall costs besides your rent, it’s easy to underestimate those costs. Review the following items with your tenant representative to understand what they are in calculating your real occupancy costs. Common Area Maintenance (CAM) Maintaining the common areas of your building is the responsibility of the property manager but your company will pay for covering the costs of it. Typical fees include parking lot maintenance, snow removal, landscaping and trash collections.…