caa a22 4500 477129773 CHVBK 20180405111701.0 cr unu---uuuuu 170330e19971001xx s 000 0 eng 10.1023/A:1007729616364 doi (NATIONALLICENCE)springer-10.1023/A:1007729616364 A Comparison of Federal Government Office Rents with Market Rents [Elektronische Daten] [Marcus Allen, Ronald Rutherford, Larry Warner] 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 discounts may be offset by other premiums implicit in the lease contract. The data collected for this study reveal that rents paid by the government are significantly higher than average market rents during this time period. A time-series, cross-sectional regression analysis of the spread between market rents and office rents to government tenants in nine metropolitan markets suggests that the difference is affected in part by expense pass-throughs, lease period, amount of space leased, and local market conditions. Kluwer Academic Publishers, 1997 office markets nationallicence lease negotiation nationallicence tenant clienteles nationallicence Allen Marcus College of Business, Department of Finance and Real Estate, Florida Atlantic University, 33301, Fort Lauderdale, Florida aut Rutherford Ronald College of Business, Division of Economics and Finance, University of Texas, San Antonio, 78249-0633, San Antonio, Texas aut Warner Larry College of Business, Department of Finance, University of Texas, Arlington, 76019, Arlington, Texas aut The Journal of Real Estate Finance and Economics Kluwer Academic Publishers 15/2(1997-10-01), 181-192 0895-5638 15:2<181 1997 15 11146 https://doi.org/10.1023/A:1007729616364 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1023/A:1007729616364 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Allen Marcus College of Business, Department of Finance and Real Estate, Florida Atlantic University, 33301, Fort Lauderdale, Florida aut NATIONALLICENCE 700 1- Rutherford Ronald College of Business, Division of Economics and Finance, University of Texas, San Antonio, 78249-0633, San Antonio, Texas aut NATIONALLICENCE 700 1- Warner Larry College of Business, Department of Finance, University of Texas, Arlington, 76019, Arlington, Texas aut NATIONALLICENCE 773 0- The Journal of Real Estate Finance and Economics Kluwer Academic Publishers 15/2(1997-10-01), 181-192 0895-5638 15:2<181 1997 15 11146 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer