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Commercial Property types - Office

By
Commercial Real Estate Agent with Communitas Realty Partners

Even under the general heading of "office" there are many types of office buildings.  Generally they are broken up by size and class.  Here is a breakdown of the differences:

1.  Low-rise-  Above ground level, fewer than 7 stories

2.  Mid-rise-  Above ground level, between 7 and 25 stories

3.  High-rise-  Above ground level, more than 25 stories

  • Class A - High quality finish, modern design, accessible, highest rents
  • Class B - Lesser quality finish, may be somewhat outdated, typically older buildings
  • Class C - Fair finish but with much lower rents, may have some functional obsolescence