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| Filtering in Office Markets: Evidence
from Medium-Size Cities Author: Wayne R. Archer and Marc T. Smith Start Page: 125 Abstract: Filtering, a change in
the quality of use for a structure, has been studied extensively in housing. However,
there are reasons to believe that the phenomenon is at least as significant in office
markets. Reasons to expect filtering in office markets are presented in this article. Then
evidence of filtering is examined from two medium-size cities. The findings are strongly
consistent with the presumed effects of filtering. As expected, evidence of filtering is
least significant for large downtown highrise offices, more significant among clustered
suburban office buildings, and most significant among isolated office buildings. |
