Which property has the highest physical occupancy based on the data provided?

Physical occupancy refers to the percentage of available rental units in a property that are currently occupied. When assessing which property has the highest physical occupancy, it’s critical to evaluate the occupancy rates for each property based on the data available.

The statement that Properties B and C are the same implies that they have identical occupancy rates, and thus, when compared to Property A, they have equal occupancy that is higher than A's. If the answer indicates that B and C both have the highest physical occupancy, this suggests that B and C successfully maintain a full tenant base or have a higher number of occupied units relative to their total number of units compared to A.

Determining this requires an accurate understanding of the occupancy rates for each property. If B and C indeed have the highest rates or occupancy levels and these rates are the same, this option becomes the most logical. Therefore, concluding that both B and C have the highest physical occupancy communicates an essential insight into the comparative performance of the properties, especially in net revenue generation and overall market demand.