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Absolutely. Everyone now expects A product for B In anydown market, there’ss always a flight to quality, which means that peoplw now realize that they can now move into a Class A locatiob for a price more reflective of a Classa B property. Quality and classifications do The market is always classifyin gits product. It’s a way for people to keep and yes, the business community likeskeeping score. — Jeff Sweeney, managing principal/president of Yes. Traditionak building class is still adhered to by both brokerszand tenants.
I think that the difference betwee a Class B building and a Class C buildingin people’z mind is that a Class C is older and hasn’yt been renovated, but the difference between A and B is Since we haven’t had a lot of development since the late 1980s, early 1990s, there are a lot of propertiesw that are Class A because they were when they were built. It’ss more subjective, and it’s gone away. — Anne-Mariee Ayers, first VP at Class always matters in regards to office It is the cost that dictates where atenang locates.
In recessionary times, costs get closer together betweebn the Class A and Class B It is about quality but also Certain businesseswant image, such as financia companies, and others don’t. Cost is definitelhy driving the demandin today’s As the cost gap historical Class B tenant will move up to Class A — Russ Sampson, EVP/principal of
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