By Derbes Falgoust Commercial Real Estate, LLC on Friday, October 28, 2011
Category: News

What is the Difference Between Class A, B, and C Office Space

When showing office space to tenants, we are often asked questions regarding the classification of the office space. The most often asked question is, " What is the difference between Class A office space, Class B office space and Class C office space?" There is no simple answer because national organizations across the country define it differently. We prefer BOMA's definition. BOMA is the Building Owners and Managers Association and BOMA classifies office space into three categories:

Class A Office Buildings

Class A office buildings have the "most prestigious buildings competing for premier office users with rents above average for the area." BOMA states that Class A facilities have "high quality standard finishes, state of the art systems, exceptional accessibility and a definite market presence."

Class B Office Buildings

BOMA describes Class B office buildings as those that compete "for a wide range of users with rents in the average range for the area." BOMA states that Class B buildings have "adequate systems" and finishes that "are fair to good for the area," but that the buildings do not compete with Class A buildings for the same prices.

Class C Office Buildings

According to BOMA Class C buildings are aimed towards "tenants requiring functional space at rents below the average for the area."

Contact Mike Falgoust & Associates at 225-778-5858 for all of your office needs. You can also visit us online at www.dfcrecre.com.