The impact of neighborhood-center image on rental rates is empirically modeled and tested. The neighborhood-center anchor does not substantially affect in-line, nonanchor rental rates and is more a proxy for a neighborhood center's trade-area economic base than an actual determinant of neighborhood-center rental rates. Image-related facilities’ specific variables do affect rental rates. Concurrently, relative center size does impact rental rates, providing marginal support for the use of gravity models at the property subtype level. More modeling of retail rents and sales activity is warranted.
The Journal of Real Estate Finance and Economics – Springer Journals
Published: Oct 3, 2004
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.
All for just $49/month
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
All the latest content is available, no embargo periods.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud