Author: Hugh O. Nourse

Start Page: 431
End Page: 444
Volume: 9
Issue Number: 4
Year: 1994
Publication: Journal of Real Estate Research

Abstract: A cross-case comparison of eleven firms was undertaken to learn how real estate property performance is measured and monitored for managerial feedback to make real estate decisions that will cause property performance to support overall corporate strategic goals. Firms with tight links between real estate operations and corporate strategy usually have a facility committee of operating, finance, and real estate managers measuring and monitoring performance, using different measures for different types of buildings and uses. Property performance is more regularly monitored by firms leasing property than by those owning property.