What kind of building classifications do landlords use?
Office buildings in Dallas, TX, are typically classified in three groups: A, B, and C. Class A are the best buildings with the most prestige. More often, they have new amenities, new construction, or new updates. These buildings are usually recognizable, and carry a premium for their spaces. Class B are standard buildings with average rental rates for the area. Class C buildings are those competing for tenants requiring functional space at rents below the average for the area. Industrial/warehouse space is usually in buildings zoned for industrial or warehouse use. Retail space can be leased by office use, but typically have a “storefront” appearance.
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