Class A space attributes vary depending on regional market
BOULDER – When it comes to defining class A office buildings, it may appear that the “A” stands for “amorphous.”
In general terms, it is the upper crust of office space, which fetches the highest tier of lease rates. But the actual attributes vary regionally, with market demand and building limitations combining to create a Boulder classification.
The leading national trade organization for the office building industry surveyed its members in 2005 and created a standard definition of class A buildings. (See 37A).
But the definition ended with this qualifying statement: “Because property characteristics in different markets vary dramatically, property class definitions…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!