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A Multi-Criteria Model for Corporate Property Evaluation

Author: James J. Hoffman, Marc J. Schniederjans, and G. Stacy Sirmans

Start Page: 285
End Page: 300
Volume: 5
Issue Number: 3
Year: 1990
Publication: Journal of Real Estate Research

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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