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Office Properties

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. If you make a mistake, you could end up paying too much for a lot of years.

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 providing professional on-site management.

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Class "B": Property:
Building, with good location, management, and construction land tenancy. Can compete with low end of Class A.

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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".

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Class "D" Property:
Older building in need of extensive renovation as a result of functional obsolescence or deterioration. 


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