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A Multi-Criteria Model for Corporate Property Evaluation

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Author Info
James J. Hoffman (College of Business Florida State University Tallahassee, Florida 32306-1042)
Marc J. Schniederjans (College of Business University of Nebraska, Lincoln Lincoln, Nebraska 68504)
G. Stacy Sirmans () (College of Business Florida State University Tallahassee, Florida 32306-1042)
Abstract

A critical concern for corporations pursuing geographical expansion strategies involves property evaluation. In order for expansion to be successful, corporations must identify cities and properties that offer a good fit with the firm's corporate strategy. Unfortunately, little has been written to aid corporations in making complex property selection decisions. This paper presents a model that combines the concepts of strategic management, the management science technique of goal programming, and micro computer technology to provide managers with a more effective and efficient method for evaluation property and making selection decisions.

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File URL: http://aux.zicklin.baruch.cuny.edu/jrer/papers/pdf/past/vol05n03/v05p285.pdf
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Publisher Info
Article provided by American Real Estate Society in its journal Journal of Real Estate Research.

Volume (Year): 5 (1990)
Issue (Month): 3 ()
Pages: 285-300
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Handle: RePEc:jre:issued:v:5:n:3:1990:p:285-300

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Postal: American Real Estate Society Clemson University School of Business & Behavioral Science Department of Finance 401 Sirrine Hall Clemson, SC 29634-1323
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Postal: Diane Quarles American Real Estate Society Manager of Member Services Clemson University Box 341323 Clemson, SC 29634-1323
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Find related papers by JEL classification:
L85 - Industrial Organization - - Industry Studies: Services - - - Real Estate Services

Cited by:
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  1. Linda L. Johnson & Terry Keasler & Stellan Lundstrom, 1993. "An Industry Profile of Corporate Real Estate," Journal of Real Estate Research, American Real Estate Society, vol. 8(4), pages 445-474. [Downloadable!]
  2. Chris Manning & Stephen E. Roulac, 2001. "Lessons from the Past and Future Directions for Corporate Real Estate Research," Journal of Real Estate Research, American Real Estate Society, vol. 22(1/2), pages 7-58. [Downloadable!]
  3. Linda Ellis Johnson & Arnold L. Redman & John R. Tanner, 1997. "Utilization and Application of Business Computing Systems in Corporate Real Estate," Journal of Real Estate Research, American Real Estate Society, vol. 13(2), pages 211-230. [Downloadable!]
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