What is Building Class (A, B, C)?
Commercial buildings are informally graded Class A, B, or C to signal quality, age, location, and amenities. Class A is top-tier — newer, prime location, premium rents; Class B is solid but older or less flashy; Class C is older, more basic, and lower-rent. The class sets expectations for tenants, rents, and investment risk.
Example: A law firm wanting prestige leases space in a Class A downtown tower, while a startup saves money in a functional Class B building a few blocks away.