In the State of New Jersey, commercial buildings are coded to determine the value of the building, both to the tenant and to guide property investors. As this can have a significant impact on your investment or business operations, it’s important to understand these codes. Here’s some insight from a commercial building architect in NJ.
Class A – The Top of the Class
Class A buildings offer the best quality at the highest price range. These buildings are usually newer (around 10 years old), with high-end finishes, in the best locations and with the best amenities (transport links, restaurants, etc.). They are usually of a very high build quality, encompassing innovative infrastructure and are professionally managed to a high standard.
Class B – Value for Money
Although these buildings are categorized below Class A, the quality they offer is usually still high and they deliver good value as a result. Older and not as centrally-located, tenants can still expect professional management, good quality amenities and solid build quality. They may lack the newest tech, high-end finished and innovative infrastructure, but many of these buildings are upgraded by landlords to ensure that they still compete with Class A offerings.
Class C – Potential for Improvement
Class C buildings usually need a lot of work, are 30 years old or more, and are in less desirable areas. Often, they have not been modernized since they were built and lack any of the amenities that modern commercial buildings offer. As a result, they can be solid investment opportunities as many can be modernized into Class B buildings or demolished to be replaced with an entirely new commercial building. The value of these projects as an investment is dependent on many factors, from the type of project and applicable building codes to the reputation of the area in general.
Full Service Commercial Building Architect Firm in New Jersey
The New Jersey architectural firm of Seth A. Leeb offers full-service solutions for commercial building design projects in the New Jersey area. With 20 years of experience in the commercial architecture industry in restaurant, hospitality, office and medical office design, we can provide the expertise, skills and innovative thinking you need to create a workplace that fits your vision and embodies your brand. For more information on working with us or to find out more about commercial office building design plans in NJ or to speak to a medical office architect or commercial building architect, please contact us today or visit our website at https://leeb-architecture.com/