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Office Building Classifications

By Doug Cornelius

I was poking around for a definition of Class A buildings and had a hard time finding a solid definition. In BOMA's Building Class Definitions, buildings are grouped into Class A, Class B and Class C. But BOMA does not recommend the publishing of a classification rating for individual properties. Metropolitan Base Definitions Class A. Most prestigious buildings competing for premier office users with rents above average for the area. Buildings have high quality standard finishes, state of the art systems, exceptional accessibility and a definite market presence. Class B. Buildings competing for a wide range of users with rents in the average range for the area. Building finishes are fair to good for the area. Building finishes are fair to good for the area and systems are adequate, but the building does not compete with Class A at the same price...continue to full post

Full post as published by Real Estate Space on July 31, 2008 (boomark / email).