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 on-site management.

Class B Property:
Building with 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 a "Class A" property than a "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.