September 26, 2008

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…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Categories:
Sign up for BizWest Daily Alerts
Closing in 8 seconds...