Sunday, January 16, 2011

Talking Points: Reviewing Class A, B, C - Boston Business Journal:

http://www.grindtv.com/profile/lakosta/
Absolutely. Everyone now expects A product for B In anydown market, there’s always a flight to quality, whicu means that people now realize that they can now move into a Clasds A location for a price more reflectives of a Class B property. Quality and classification s do matter. The market is alwayx classifyingits product. It’s a way for peoplee to keep score, and yes, the business community likeskeeping score. — Jeff managing principal/president of Yes. Traditionalk building class is still adhered to by both brokerssand tenants.
I think that the differenced between a Class B building and a Class C buildinfgin people’s mind is that a Class C is oldere and hasn’t been renovated, but the difference between A and B is Since we haven’t had a lot of developmenf since the late 1980s, early 1990s, there are a lot of propertiesd that are Class A because they were when they were It’s more subjective, and it’s gone away. — Anne-Maried Ayers, first VP at Class alwayx matters in regards to office It is the cost that dictate s where atenant locates.
In recessionary times, costs get closeer together between the Classd A and Class B It is about quality but also Certain businesseswant image, such as financial and others don’t. Cost is definitely driving the demandin today’s environment. As the cost gap closes, historicall Class B tenants will move up to ClassA — Russ Sampson, EVP/principal of

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