square footage. Indicator that the largest lessee occupies D(L1 60% to less Category 4) than 80% of the property’s square footage. Indicator that the largest lessee occupies D(L1 80% to less Category 5) than 100% of the property’s square footage. Indicator that the largest lessee occupies 100% of the property’s D(L1 square Category 6) footage, meaning that the property is a completely undiversified property. Lease rollover dummy: An indicator D(L1 that the Rollover) property’s largest tenant has a lease that
square footage. D(L1 Category 4) Indicator that the largest lessee occupies 60% to less than 80% of the property’s square footage. D(L1 Category 5) Indicator that the largest lessee occupies 80% to less than 100% of the property’s square footage. D(L1 Category 6) Indicator that the largest lessee occupies 100% of the property’s square footage, meaning that the property is a completely undiversified property. D(L1 Rollover) Lease rollover dummy: An indicator that the property’s largest tenant has a lease that
ambrose_shafer_yildirim-_tenant_diversification_final.docx