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Specialty Services: Office Tips
Office Tips
Office buildings range from small, owner-occupied properties to multi-building office
parks. Office suites may also be an important portion of "mixed-use"
developments, both in new construction or historic rehabilitation properties. Consider
carefully what type space would be most suitable to your business. Then, choose your
commercial agent with care.
| Consider what "class" of office property is most
appropriate for you. |
| Class "A" Property |
| Class "B" Property |
| Class "C" Property |
| Class "D" Property |
Class "A" Property
Building has excellent location and access to attract the highest quality tenants.
Building must be superior construction and finish, relatively new or competitive with new
buildings and provide professional onsite management.
Class "B" Property
Building has good location, management and construction land tenancy. Can compete with low
end of Class A.
Class "C" Property
Generally an older building with growing functional land or economic obsolescence.
Typically, a higher price per square foot will be paid for "Class A" property
than "Class C".
Class "D" Property
Older building in need of extensive renovation as a result of functional obsolescence or
deterioration. Use our handy Office Property Checklist to help you evaluate office space.
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