By John Simpson, on October 31st, 2009%
So now that I had a nice graph showing “price per crime” for approved office sites that sold, I’m done right? Not so fast, tiger. There was a break point beyond which there were no sale transactions. In this case, it was around 75 crimes, yet my subject had about 150… double that. What I had . . . → Read More: The Effect of Crime on Commercial Property Market Value and Appraisals – Part 5 of 5
By John Simpson, on October 30th, 2009%
We’ve explored what crime can do to a regional mall. Now I’d like to shift your attention to a case where crime affected what was going to be built on a spot of vacant land.
The Case of the Stigmatized Fully-Approved Office Building
We were hired for a tax appeal of a parking lot in Washington, D.C. But . . . → Read More: The Effect of Crime on Commercial Property Market Value and Appraisals – Part 4 of 5
By John Simpson, on October 13th, 2009%
I had an interesting and quick assignment last week. I was engaged to do a rental study in a section of Washington, D.C. for the negotiation of an office rental rental rate; I was hired by the tenant. The volume of leasing that is transpiring is pathetically low and this made this assignment more time consuming . . . → Read More: The Should I Lease or Holdout Office Rental Decision