Real Estate Determinants of Firm Relocation in Urban Residential Neighbourhoods

Real estate factors, such as property ownership, size and age, are generally not accounted for in research on revealed relocation decisions of firms. This is remarkable, as entrepreneurs often suggest that real estate characteristics at the property level provide an explanation for firm relocation behaviour in addition to more-frequently tested drivers of firm relocation. We assess the role of real estate determinants, focusing on firms in urban...