Allen, Marcus T; Rutherford, Ronald C; Warner, Larry J - In: The Journal of Real Estate Finance and Economics 15 (1997) 2, pp. 181-92
This study examines Federal Government office leases using data from Texas and Oklahoma during the 1981-1991 time period. The lease indifference model presented here indicates that landlords may be willing to accept lower rents from government tenants due to reduced tenant risk, but that such...