The CEO of TriDey Reality Partners was contemplating a proposal of $22.5 million that she had gotten for TriDev's Uptown Plaza shopping centre. Despite the fact that she was looking to sell the property within the years’ time, and that the proposal appeared to be a lucrative one considering the current income streams, she discerned that many lease renewals were waiting in line, which would magnify the property’s worth. Should the CEO make the trade at present or should she be patient till the lease renewals take palce?
Write a one page memo to Vivian Lopez providing recommendations on whether or not to accept the current offer of $22,500,000 for the Uptown Plaza Shopping Center
Be sure to support your recommendation with appropriate analysis