Title:
The influence of parks and greenspace on the value of commercial real estate

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dc.contributor.advisor Noonan, Douglas S.
dc.contributor.author Strippelhoff, Cade en_US
dc.contributor.committeeMember Baer, Paul
dc.contributor.committeeMember Caravati, Kevin
dc.contributor.committeeMember Goodman, Joseph
dc.contributor.committeeMember Wren, Matthew
dc.contributor.department Public Policy en_US
dc.date.accessioned 2011-09-22T17:47:15Z
dc.date.available 2011-09-22T17:47:15Z
dc.date.issued 2011-04-25 en_US
dc.description.abstract The effect of parks on residential real estate has been well recorded; however little research has been done to estimate the effects of parks on commercial real estate values. With the help of Geographic Information Systems and the transactions of nearly 10,000 properties from 2000 to early 2011, I produced three different hedonic commercial real estate sales models. Controlling for building characteristics, demographic variations within census groups, and locational attributes, I find that proximity to parks plays a role in the valuation of some property types. Little evidence is found to support the hypothesis that properties in proximity to parks are valued higher; however co-location of parks and other attributes could play a beneficial role in supplying cities with more parks while boosting surrounding property values. en_US
dc.description.degree M.S. en_US
dc.identifier.uri http://hdl.handle.net/1853/41053
dc.publisher Georgia Institute of Technology en_US
dc.subject Hedonics en_US
dc.subject Econometric en_US
dc.subject Regression en_US
dc.subject Commercial real estate en_US
dc.subject.lcsh Parks
dc.subject.lcsh Gardens
dc.subject.lcsh Commercial real estate
dc.title The influence of parks and greenspace on the value of commercial real estate en_US
dc.type Text
dc.type.genre Thesis
dspace.entity.type Publication
local.contributor.corporatename School of Public Policy
local.contributor.corporatename Ivan Allen College of Liberal Arts
relation.isOrgUnitOfPublication a3789037-aec2-41bb-9888-1a95104b7f8c
relation.isOrgUnitOfPublication b1049ff1-5166-442c-9e14-ad804b064e38
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