Dennis, Class of a building depends on many factors. I did see that Dale O. noted that the age of a building determines the class, this is one factor, but this is not the only factor. You can still have a Class A building that is 8+ years old. For instance, if you had a brand new building, built with the most economical, low quality product, this would most likely be a Class C or lower building space for lease or sale, but if you had a 10 year old building that was made out of high quality finishes that require low maintenance & the buildding itself is well maintained, it can still be considered a Class A space for lease or sale. In short, determining Class depends on quality of products used throughout (interior and exterior), upkeep of building, its visual presence, its main entry/lobby, its location and how it rates to other buildings in the area. Class C in one area, could be Class B in another area.
The attached website is ours, which shows office buildings of Class A, B & C.
Oct 11, 2010