<img height="1" width="1" style="display:none;" alt="" src="https://dc.ads.linkedin.com/collect/?pid=235914&amp;fmt=gif">

How Can Class B Buildings Get Smarter?

By Sarah Baker on Oct 17, 2018 7:52:14 AM

Could your office building be described as… average? Maybe it doesn’t have a fountain in the lobby, or a view of the ocean – but you have four solid walls, a non-leaking roof, and only a few drafty cubicles. Have you ever tried to make your building work with an HVAC hack? Maybe you even taped a piece of cardboard over the vent to manage the airflow. That would be pretty clever of you, MacGyver.

So, if your office building is around 10-20 years old, has some wear and tear, but is generally in good shape, you probably have a Class B building. This is good news. Investors tend to target these buildings since, with a few upgrades, they can easily become Class B+ and compete readily with Class A properties. One of those upgrades is making your Class B smart – and it’s probably easier than you think.

Continue Reading

Tenant Improvements and Smart Building Technology

By Michael Moriarity on Nov 28, 2017 9:44:13 PM

Tenant improvement (TI) packages and allowances that include smart building solutions attract and retain tenants in a time of rising rents and vacancies across the U.S. office and commercial real estate markets. According to JLL Research's Q2 2017 U.S. Office Outlook, total vacancy increased for the third consecutive quarter in almost all asset classes, rising 10 basis points to 14.8%. The greatest vacancy growth was in Class A buildings, as rent growth and new supply outpace demand from more cost-conscious tenants who are looking to Class B buildings with attractive tenant improvement and concession packages (e.g., rent-free first month). 

Continue Reading

Lists by Topic

see all