If you are looking for an office space to rent for your company, then you probably stumbled upon the terms Class A, Class B, and Class C.
This quick guide provides you with comprehensive information relevant to the different building classes and office space. Moreover, this guide will also explain why a Class A office space is the best one to choose.
What is a Class A office space?
A Class A office space is an office space in Class A buildings that are primarily located in the central commercial district of the market. Class A buildings and office spaces are widely renowned for being some of the most aesthetically pleasing facilities in their area.
They often showcase the best looks, the best construction, and they offer premium-quality building infrastructure. Similarly, Class A office spaces represent the finest quality office spaces in the industry.
Furthermore, as Class A offices are nestled in prime locations, they are easily accessible and are managed professionally. Thus, these office spaces are priced expensively and attract the best tenants.
What Amenities are Typically Found in Class A Office Buildings?
Below is a list of some of the amenities offered by Class A office buildings.
Cutting-Edge Systems
Class A buildings showcase some of the most advanced systems to date that meets industry requirements. These systems include electrical systems, automated mechanical systems, security and safety systems as well as a robust back-up electricity system.
24/7 Security
Class A building facilities take pride in providing tenants with the utmost safety and security. These buildings’ security systems have regulated access and are camera monitored. Some smaller Class A buildings also have controlled access security system and an alarm system that is monitored off-site.
Numerous Elevators
A substantial number of elevators are provided on each floor of Class A buildings. This means that the higher the number of floors and tenant population a Class A building has, the more elevators it has.
Conference Center
Companies that are renting office spaces in Class A buildings may have conference rooms in their office. However, in large gatherings, their conference rooms may not accommodate the number of attendees. Thankfully, Class A buildings offer conference facilities with various room sizes.
Cafeteria-Type Restaurants
Tenants get to enjoy a variety of dining options in Class A buildings through its multiple in-house food facilities. Thus, tenants no longer have to go out of the building if they want to eat out.
Fast and Reliable WiFi Connection
Class A buildings invest in premium internet connection and WiFi systems to cater to the demand for fast and reliable connection by their tenants. This is one of the reasons why companies opt to rent a Class A office space.
Fully-Equipped Fitness Gym
Tenants of Class A buildings can stay fit and healthy; thanks to the free gym access offered by the building facility. Fitness gyms at Class A building boast some of the latest fitness equipment.
Tenant Lounge
The spacious tenant lounge offered by a Class A building allows employees to have an exceptionally comfortable space to spend their breaks in. A tenant lounge typically offers amenities such as TVs, gaming systems, ping pong tables, and more.
Ample Parking Space
Class A buildings offer convenient, spacious, and easy to use parking spaces for their tenants as well as outside visitors.
Outdoor Space
If tenants wish to breathe some fresh air during their break time, Class A buildings also have an outdoor space at a picturesque rooftop deck or an exquisite patio. The outdoor space provided in Class A buildings typically has substantial seating and loads of plants.
How Do You Determine Building Class?
Building class is determined in different tiers to qualitatively evaluate a building for prospective tenants or investors. Below are the three tiers of the building class.
Class A
Class A buildings belong to the highest-tier of building class given the highest levels of infrastructure, design, and amenities they offer. Listed below are the most common features offered by Class A buildings:
- They are typically situated in central commercial districts.
- Class A buildings are generally stunning inside and outside.
- These buildings are constructed with premium-quality materials with the highest levels of construction methods.
- Class A buildings offer numerous state-of-the-art amenities.
- These buildings are highly coveted by individual and corporate tenants.
- Class A buildings are managed by professional managers.
Class B
Class B buildings are typically slightly older but offer many essential amenities. These buildings are managed well and they have an ample number of tenants. Additionally, these buildings are mostly targeted by investors with the main purpose of renovating the facility.
Moreover, here are some of the most common features provided by Class B buildings.
- Class B buildings are generally well-maintained and are functional.
- These buildings have standard electrical, mechanical, and security systems.
- The building finishes of Class B buildings are quite basic.
- Class B buildings offer average rental costs depending on their market location.
Class C
Class C buildings are the lowest grade buildings for commercial use. These buildings are considerably old and are typically situated in unfavorable locations such as streets with minimal foot traffic or in older lanes of a city.
Here are a few features offered by Class C buildings.
- Class C buildings typically have substantial vacancy rates.
- These buildings are old and have sub-par architecture.
- Class C buildings offer the cheapest rental rates.
Why Pick a Class A Office Space?
In case you are looking for an office space to rent for your company, listed below are some of the many reasons why you should opt for a Class A office space.
Top-Notch Amenities
Class A buildings offer state-of-the-art building amenities that you can’t find in Class B and Class C buildings. The basic essential amenities include cutting-edge mechanical, electrical, and security systems. Additionally, you can also find many indoor amenities such as a massive conference facility, a fitness center, a spacious tenant lounge, and so much more.
Accessibility
Given that Class A buildings are generally located at prime locations, accessing these buildings by your car or through public transportation is highly convenient. Moreover, if you are using your car when traveling to and from your Class A office, parking won’t be a problem as Class A buildings offer ample parking spaces.
Exceptional Comfort
Class A buildings are packed with amenities that deliver the utmost comfort to tenants. This includes a comfy and spacious tenant lounge as well as a relaxing outdoor space where you can unwind during your break hours.
Convenience
Class A buildings have pretty much everything you could need. These buildings have top-notch office spaces where you and your employees can work productively and comfortably. Additionally, Class A buildings also offer several dining options inside the building where you can spend your lunch and coffee breaks.
Impeccable Security System
Your safety and security are among the top properties of Class A building managers. Thus, when you choose to rent an office space in one of these buildings, you can have the assurance that you, your employees, as well as your office properties and valuables, are safe and secure.
How Do You Find a Class A Office Space for Lease?
As a business owner finding a commercial space to rent can be a laborious task, let alone a Class A office space. Thus, to help you out with your hunt for the best Class A office space, here are four ways that will help you land on one.
Search the Web
One of the first and easiest things you can do to find a Class A office space to rent for your company is to search online for Class A buildings that have vacant spaces available for rent. There are numerous real estate listing directories online from which you can browse and get the necessary information from.
Ask Other Business Owners
If you know other business owners who are also renting an office space, chances are they know a few Class A office spaces that are currently accepting tenants. Thus, don’t hesitate to ask your peers for recommendations. Moreover, you may also stumble upon a business owner who is planning on moving out of his or her Class A office space.
Drive Around
If you want to search for Class A offices and check the facilities in-person at the same time, then driving around your market area might be a good idea. However, doing so may take up a huge chunk of your time.
Seek the Help of a Professional Tenant Rep
Hiring a certified commercial real estate broker or also known as a tenant representative is undeniably the most efficient way of finding a Class A office space to rent. A tenant rep not only helps you find several vacant Class A offices but he or she can also give you expert advice on the entire leasing process.
Final Verdict
Class A offices are undoubtedly the best office space which allows you and your team to work conveniently and comfortably. Thus, despite the high rental rate, an office in this building class is definitely a worthwhile investment.
