Florida Office, Business Parks, Class A, B, C, Investments.
The Building Owners and Managers Association (BOMA) Classifies Office Space Into Three Categories:
According to BOMA,
Class A office buildings have the "most
prestigious buildings competing for
premier office users with rents above
average for the area".
BOMA
states that Class A facilities have
"high quality standard finishes, state
of the art systems, exceptional
accessibility and a definite market
presence". .
BOMA describes
Class B office buildings as those that
compete "for a wide range of users with
rents in the average range for the
area".
BOMA states that Class B
buildings have "adequate systems" and
finishes that "are fair to good for the
area", but that the buildings do not
compete with Class A buildings for the
same prices.
Contact Daniel L. Tedesco. USA
(954) 882 - 4252
According to BOMA
Class C buildings are aimed towards "tenants
requiring functional space at rents below
the average for the area".
The lack
of specifics allows considerable room for
"fudging" the boundaries of the categories.
Daniel L. Tedesco Email: fcbflorida@gmail.com
Advantages,
Investing In Business Parks, Office Parks.
A business park or office park is an area of
land in which many office buildings are grouped
together. All of the work that goes on is
commercial, not industrial nor residential.The
first office park opened in Mountain Brook,
Alabama, in the early 1950s to avoid racial
tension in city centers.
These are
popular in many suburban locations, where
development is cheaper because of the lower land
costs and the lower building costs for building
wider, not necessarily higher. Some businesses
prefer the larger floor plates as more
efficient, reducing time lost moving between
floors. They are also often located near
motorways or main roads.
&
Telephone: USA 954-882-4252
Trusting Your Investments With The Right Realtor.
Sellers will often accept an all-cash purchase offer over a higher priced offer with conventional or FHA loan financing. That's because they know the cash offer is more likely to close. It involves fewer stumbling blocks. I can assist you if you seek Investments in the Palm Beach, Miami, Keys West, Orlando Florida areas.
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Our Team will work tirelessly to facilitate your goals without compromise. Tedco Realty, Inc. is committed to treating every client as if they are our #1 priority. Whether you are buying or selling, I will be happy to speak to you.
Tedco Realty, Inc. is also proud to have developed relationships with lenders, inspectors, contractors, and a wide range of commercial real estate professionals. We pride ourselves on building a solid foundation for your transaction to rest upon.
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