Office Space Classifications
Class A Office Space
- built since 1970
- net leasable area of 60,000 sq. ft. or more
- floor plates of 14,000 sq. ft. or more
- attracts base rent over $15/sq. ft.
- full services included with base rent (central HVAC, maintenance, janitorial, and security)
- high quality design standards
- excellent location
Class HR-A Office Space
- historic building renovated since 1980
- net leasable area of 60,000 sq. ft. or more
- floor plates of 13,000 sq. ft. or more
- attracts base rent over $13/sq. ft.
- full services included with base rent (central HVAC, maintenance, janitorial, and security)
- high quality design standards
- excellent location
Class B Office Space
- built or renovated since 1970
- attracts base rent of $8 to $15/sq. ft.
- limited services included with base rent
- efficient design standards
- excellent location
Class HR-B Office Space
- historic building renovated since 1975
- attracts base rent of $8 to $13/sq. ft.
- limited services included with base rent
- efficient design standards
- excellent location
Class C Office Space
- older unimproved space
- attracts base rent of $9/sq. ft. or less
- no central services
- lacks quality design standards
- weak location