SERI2003 Studley Effective Rental Index Suburban Analysis 25 CONTENTS Statistical Summary 27 Net Rent Comparison 21 Total Rent Comparison 19 Components of Total Rent 17 Real Estate Tax Comparison 23 Operating Expense Comparison 22 Tenant Electricity Comparison 24 Tenant Effective Rent Comparison 3 Landlord Effective Rent Comparison 5 Suburban Tenant & Landlord Effective Rent Comparison 25