Commercial Real Estate Book - Leasing Book Preview

These buildings are located in the heart of a city’s downtown area. They often include high-rises found in some of the most heavily congested areas. Tenants attracted to these offices are often more client-based or tech firms. The rents are higher than in the suburbs. Some of these buildings may total over 1,000,000 square feet.

SUBURBAN OFFICE BUILDINGS

These are usually mid-rise structures that range anywhere from 80,000 to 400,000 square feet and are located outside the city’s downtown and high-rise areas. They could be part of an office- park-like area. The rent is lower than in the Central Business District. Tenants here can come from many industries. This grouping can be single-tenant or multi-tenant properties, depending on the location. Choosing between areas and classes needs to be done after analyzing your staff ’s needs, commutes, and preferences. An experienced commercial agent will help you determine the best fit.

INDUSTRIAL

These buildings can house operations for a wide range of tenants. They tend to be located outside urban areas, especially along major transportation routes. Companies that rent this space usually need some office space to go along with their storage, manufacturing, and distribution areas. There are four different types of buildings in this category. Any of these can have loading docks for 18-wheelers to load and unload goods.

HEAVY MANUFACTURING

The largest manufactures fall under this. They are almost always

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