Property Valuation
The concept of 'linkage' in Massachusetts commercial real estate valuation refers to:
AConnections between the property and financial markets
BThe spatial relationship between a commercial property and its sources of customers, employees, and supplies✓ Correct
CThe physical link between buildings in a development
DThe connection between assessed and market values
Explanation
Linkage refers to the time, cost, and distance involved in connecting a commercial property to its supporting activities (customers, employees, suppliers). Good linkage (proximity to market) adds value to commercial properties.
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