What forms of ownership may exist for office parks?

Office parks can be owned under various forms of ownership that reflect the diverse ways that such properties can be structured. Fee simple ownership refers to owning the property outright, giving the owner full control and rights, while leasehold ownership typically involves leasing space for a defined period, after which ownership reverts back to the fee simple owner.

The option indicating a combination of titles acknowledges that different units or spaces within an office park might have distinct ownership structures based on business needs or investment strategies. For example, some businesses might own their office space (fee simple), while others may choose to lease their offices (leasehold).

This flexibility in ownership arrangements can accommodate various types of tenants, investors, and land use strategies, making it the most comprehensive and accurate choice. The other options, which suggest more limited ownership possibilities, do not encompass the full range of potential arrangements that can exist in an office park setting.