Developing a total replacement cost index for suburban office projects
Author(s)Hansen, David John, S.M. Massachusetts Institute of Technology
Massachusetts Institute of Technology. Dept. of Architecture.
William C. Wheaton.
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Understanding the components of replacement costs for office developments, and how these components combine to create total development costs is essential for success in office real estate development. Surprisingly, the term "replacement cost" does not enjoy a standard definition in the industry. This study explores the components of total replacement cost, and ultimately creates a market-level index industry professionals can utilize when creating or reviewing office development budgets.
Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Architecture, 2006.This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections.Includes bibliographical references (leaves 78-79).
DepartmentMassachusetts Institute of Technology. Department of Architecture
Massachusetts Institute of Technology