Contracting and Optimal Rents in Commercial Real Estate Leasing.

Abstract

Contract Incompleteness in commercial real estate is a function of many variables and determines the long term values/benefits of leasing. This article introduces new models for contract completeness and optimal rents in commercial real estate leasing. The concepts and models developed in the article can also be applied to equipment leasing and other types of leasing.

Keywords: Decision analysis, strategy, equipment leasing, complexity, real estate, risk management