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This report includes information for multi-tenant office buildings greater than 20,000 square feet. Not included are owner-occupied, government or single tenant buildings.

OFFICE DEFINITIONS

Class A: Generally 200,000 square feet or larger, constructed since 1980, offering a host of business/support amenities and providing a strong and identifiable location and/or access. Class A properties in either of the CBD’s are skyway-connected. In the smaller submarkets in our report, Class A buildings may defined as such simply because they are the highest-quality buildings in the area in terms of finish, location and amenities; although they may not fit the standard definition of Class A as far as square footage and age, for example.

Class B: Older Class B buildings are sometimes renovated and in a good location. Newer Class B buildings are smaller in size and in a non-prime location. May include skyway linkage if located in a CBD.

Class C: Older, unrenovated building of any size in average to poor condition. May include skyway linkage.

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