CRE Building Classification System

CRE Building Classification System

ByDana Bice

Building Classifications Part II: Explained BOMA’s CRE Building Classification System BOMA‘s metropolitan base lists three Commercial Real Estate Building Classifications in their classification system. In order to compare properties across international markets, landlords and property investors typically use a separate international base. However, the metropolitan base is used within a single office market. It is…

Commercial Real Estate Building Classification Part I

Commercial Real Estate Building Classification Part I

ByDana Bice

CRE Building Classification Standards When looking for new locations, tenants may come across buildings touted as “Class A”. Landlords also advertise properties as having “Class A finishes.” To an inexperienced buyer or renter, the meaning of this class distinction is a mystery. “Class A” sounds like a good grade. It’s better than a “Class D”…