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Building Classification Types (A,B,C)

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The SABOMA office occasionally gets calls regarding a specific definition of Class A, Class B, and Class C property classifications. These terms are used frequently in the commercial real estate market and represent a subjective quality rating of buildings which indicates the competitive ability of each building to attract similar types of tenants. A combination of factors including rent, building finishes, system standards and efficiency, building amenities, location and accessibility, and market perception are used as relative measures. These definitions are used in reporting office market conditions that differentiate among the classes and are not to be used as a rating for individual properties.

Class A: Most prestigious buildings competing for premier office users with rents above average for the area. Buildings have high quality 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 and systems are adequate, but the building does not compete with Class A at the same price.

Class C: Buildings competing for tenants requiring functional space at rents below the average for the area.

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