How do I know if a buiding is rated A, B or C ?

In General Area - Asked by Heather P. - Jun 4, 2010
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Answer(s)

Brandi L.
Oak Brook, IL

In summary, Class A buildings are high-profile with upscale finishes, state-of-the-art systems, good accessibility and premier tenants. They also command the highest rents in the market.
Class B buildings represent a larger market share and have good to average finishes, rents and systems with limited amenities.
Class C buildings have below average rents, systems and finishes and are suited for those requiring cheap yet functional space.
Unless the subject building has been rated by BOMA or another qualified entity, you will have to use your own judgement based upon your observations.
Jim Blanchard
Inland Real Estate
jblanchard@inlandgroup.com

Jun 4, 2010
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