What distinguishes Class A, Class B and Class C office space?
Class A, B, and C, office space is categorized with Class A being the highest quality, also the highest rent you would find in office space. Class A office building would be a building that you would typically see in a downtown setting, that would be a skyscraper, it would have marble and glass lobby, a very fancy decorations, you would see a parking garage. Class B buildings would be of a smaller stature, they may be a mid-rise, or shorter than that. They would have, maybe, a common area lobby, but it wouldn't be as high grade as a class A building. A Class C building would be the lowest rent available in the market of office space, and that would be typically single story, walk in, walk out, of your own space, with surface parking, and not many other services.