Operational and Organizational Issues Facing Corporate Real Estate Executives and Managers

This article examines three major categories of issues facing corporate real estate executives in the future, as determined by a Delphi process survey conducted by the authors. We present areas of agreement and disagreement among the corporate executives surveyed, and distill the results of the Delphi survey and other major studies on the future of corporate real estate into a research agenda for further inquiry.

Corporate Real Estate: A Course Outline and Rationale

The topic of corporate or business real estate as a college course has been widely discussed but the specific nature and content of such a course needs to be specified. This article is an attempt to construct a course outline for such a course, and it briefly discusses the major topics that could be presented in a corporate real estate course. The outline and the course are designed to provide flexibility in topic coverage, student background and instructor preferences toward the many topics. The authors also offer their suggestion concerning the positioning of this course in a real estate curriculum.

Using the Consumer Price Index in Forecasting for Small Geographic Areas

The usefulness of the consumer price index (CPI) as a tool for updating and forecasting income and house values in small geographic market areas is explored in this paper. The topic is introduced by briefly discussing the construction of the CPI and its traditional use as an updating index. The accuracy of such employment is examined statistically with data from 191 census tracts in the metropolitan Atlanta area. For the data set examined, use of the CPI for updating both income and house values is associated with significant and systematic error and bias calling into question its usefulness.