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How to Calculate the Economic Contribution of Office, Industrial, and Retail Real Estate to the Local Community
By: Stephen S. Fuller, Ph.D., George Mason University
Release Date: February 2005
This is a very valuable tool for the development community to demonstrate to public officials, the local media and citizens the overwhelmingly positive contributions that commercial real estate makes to a community. This project is comprised of a form listing the sources of the contributions that office, industrial, office/tech and retail make to their communities through taxes, job growth, etc. and instructions on how to locate the specific information needed to fill in the form and calculate the positive economic impact to your community.