Table 1

Operational definitions and data source.

VariableDefinitionSource
Effective tax rateEffective tax rate of municipalityCuyahoga Co. auditor
EastZIP codes available on requestGrubb & Ellis
SouthZIP codes available on requestGrubb & Ellis
SouthwestZIP codes available on requestGrubb & Ellis
WestZIP codes available on requestGrubb & Ellis
Class AClass A office space (see literature review)Grubb & Ellis
Class BClass B office space (see literature review)Grubb & Ellis
Class CClass C office space (see literature review)Grubb & Ellis
Class unspecifiedNo class specifiedGrubb & Ellis
MedicalClassified as a medical officeGrubb & Ellis
SubleaseSpace is subletGrubb & Ellis
Property sizeSize of building in square feetGrubb & Ellis
Transaction sizeSize of transaction in square feetGrubb & Ellis
Execution date 1995Lease executed in 1995Grubb & Ellis
Execution date 1996Lease executed in 1996Grubb & Ellis
Execution date 1997Lease executed in 1997Grubb & Ellis
Execution date 1998Lease executed in 1998Grubb & Ellis
Execution date 1999Lease executed in 1999Grubb & Ellis
Execution date 2001Lease executed in 2001Grubb & Ellis
Lease termLease term in monthsGrubb & Ellis
Multiple leasesMore than one lease in building analyzedGrubb & Ellis
Gross leaseOwner pays all expensesGrubb & Ellis
Triple net leaseTenant pays all expensesGrubb & Ellis
Number of floorsNumber of floorsGrubb & Ellis
Building age2001 less year builtGrubb & Ellis
Distance to public squareStraight line distance to public squareGIS
Nearest highway interchangeStraight line distance to nearest interchangeGIS
Good visual screen*Trees block view of adjacent propertyDavey
Good noise barrier*Trees block noise from adjacent roadDavey
Good space definition*Trees create spaces for human usesDavey
Good building shade*Trees shade walls and windowsDavey
Good aesthetics*Plantings well designed and maintainedDavey
Percent canopy cover*Percentage of canopy coverDavey
Percent beds*Percentage of flower bedsDavey
Percent turf*Percentage of turfDavey
  • * Denotes landscape vegetation variable evaluated in the field.