Research

Sustainability

  1. Tall mixed-use building real estate, energy system, and solar photovoltaic performance, with  Whittington J., Q. Shen and F. Sun
  2. Impact of Energy Benchmarking and Disclosure on the Performance of Office Buildings, with Lee H. and S. Luming
  3. Exploring office building financial and physical characteristics and the well-being of their occupants – A Seattle pilot study, with Moudon A. and Xiao S.
  4. Office skyscrapers and sustainability: past, present & future

Market

  1. The Economics of Mixed-Use Development – An Empirical Study in the City of Seattle, with Feiyang S., S. Qing and J. Whittington
  2. Differentiation of Senior Real Estate Executive Performance Based Compensation in Europe and the US, with Ascherl C., L. Schrand, and W. Schaefers
  3. Effect of sharing economy and millennials on office buildings, with VanPelt C.
  4. Is There A Market Premium For Tall Office Buildings With Shorter Spans?, with Trabucco D.
  5. Global Cyclical Resurgence and Clustering of Office Skyscrapers

Hazards

  1. Economic impact of office workplace transformation due to COVID-19: How can buildings and surrounding areas recovery with H. W. Lee, Y. Kim, J. Whittington, G. Proksch and F. Sun
  2. Technology and spatial transformation as mediators of economic recovery from COVID-19 for food retail businesses and the communities they serve with J. Whittington, G. Proksch and Q. Shen
  3. A Spatial and Econometric Analysis of Terrorism in Urban Cores
  4. Direct and Indirect Effect of Terrorism on Hotels – Lessons Learned
  5. Dense urban cores: Are they becoming breading grounds and targets of terrorists?

Selected Journal Publications

Sustainability

  1. Dermisi S., “A study of LEED vs. non-LEED office buildings spatial & mass transit proximity in downtown Chicago”, Journal of Sustainable Real Estate, 2014, vol.6: 1, pp. 115- 142
  2. Dermisi S., “LEED – Existing Buildings and the Great Recession”, Real Estate Finance Journal, 2014, vol. 30: 3, pp. 125-133
  3. Dermisi S., “A study of LEED vs. non-LEED office buildings spatial & mass transit proximity in downtown Chicago”, Journal of Sustainable Real Estate, 2014, vol.6: 1, pp. 115- 142
  4. Dermisi S., “Performance of downtown Chicago’s office buildings before and after their LEED Existing Buildings’ certification “, Real Estate Finance Journal, 2013, vol. 29: 5, pp. 37-50
  5. Dermisi S. and J. McDonald, “Effect of “Green” (LEED and Energy Star) Designation on Prices/sf and Transaction Frequency:  The Case of the Chicago Office Market”, Journal of Real Estate Portfolio Management, 2011, vol. 17: 1, pp. 39-52
  6. Dermisi S., “Effect of LEED Ratings and Levels on Office Property Assessed and Market Values”, Journal of Sustainable Real Estate, 2009, vol. 1: 1, pp. 23-47

Market

  1. Dermisi S. and J. McDonald, “Selling Prices/sq.ft. of Office Buildings in Downtown Chicago – How Much Is It Worth to Be an Old But Class A Building?”, Journal of Real Estate Research, 2010, vol. 32: 1,pp. 1-21.
  2. McDonald J. and S. Dermisi, “Office Building Capitalization Rates: The Case of Downtown Chicago”, Journal of Real Estate Finance & Economics, 2009, vol. 39: 4, pp. 472-485
  3. McDonald J. and S. Dermisi, “Capitalization Rates, Discount Rates, and Net Operating Income:  The Case of Downtown Chicago Office Buildings”, Journal of Real Estate Portfolio Management, 2008, vol. 14:4, pp. 363-374
  4. Dermisi S., “Impact of the Internet on international real estate office markets”, Joint issue of Journal of Real Estate Portfolio Management vol.8:4, pp.140-148 & Real Estate Issues, 2002,  vol. 27:3-4, pp.140-148

Hazards

  1. Bond S., and S. Dermisi, “Using GIS to Measure the Impact of the Canterbury earthquakes on House Prices in Christchurch, NZ”, International Journal of Disaster Resilience in the Built Environment, 2017, vol. 8: 2
  2. Dermisi S., “Hotel terrorist attacks and their worldwide/USA performance implications”, International Journal of Built Environment and Asset Management, 2015, vol. 1: 4, pp.307-328
  3. Dermisi S., “International terrorism cyclicality predictions and concerns regarding private commercial buildings”, Journal of Real Estate Literature, 2009, vol. 17:1, pp.87-109
  4. Abadie A. and S. Dermisi, “Is Terrorism Eroding Agglomeration Economies in Central Business Districts? Lessons from the Office Real Estate Market in Downtown Chicago”, Journal of Urban Economics, 2008, vol. 64:2, pp. 451-463
  5. Dermisi S., “Challenges in adopting new life & safety ordinances in existing office buildings”, Journal of Real Estate Portfolio Management, 2008, vol. 14:2, pp. 155-178
  6. Dermisi S., “The impact of terrorism fears on downtown Real Estate Office market cycles – The case of Chicago”, Journal of Real Estate Portfolio Management, 2007, vol. 13: 1, pp. 57-73
  7. Kilpatrick J. and S. Dermisi, “The Aftermath of Katrina – Recommendations for Real Estate Research”, Journal of Real Estate Literature, 2007, vol. 15: 2, pp. 213- 227
  8. Baen J. and S. Dermisi, “Urban Functionality and Extreme Natural Disasters; The New Orleans-Katrina Case for New Federal Policies and Programs for High Risk Areas”, Journal of Real Estate Literature, 2007, vol. 15: 2, pp. 229 – 252
  9. Dermisi S. and J. Baen, “Urban Functionality and Corporate Location Decisions After September 11, 2001– Benefiting from the New York City Experience”, Journal of Homeland Security and Emergency Management, 2005, 2:2, Article 3

Book chapters

  1. Peiser R., D. Hamilton, S. Dermisi, N. Egelanian and D. Hamilton, “Professional Real Estate Development – The ULI Guide to the Business”, 2023 Urban Land Institute
  2. Dermisi S., “Sustainability of office buildings: Lessons learned from academic and professional research”, Routledge Companion to Real Estate Development, 2017, Routledge.
  3. Dermisi S., “Office Development”, book chapter in Professional Real Estate Development – The ULI Guide to the Business, 2012, Urban Land Institute.