Differentiating Class A, B, and C Office Space

Office buildings are generally classified into one of three categories: Class A, Class B, or Class C. Standards vary by market, and each category is defined in relation to its counterparts. Building classification allows a user to differentiate buildings and rationalize market data — that said, classification is an art, not a science. While a definitive formula for each class does not exist, the general characteristics are as follows:

Class A
These buildings represent the newest and highest quality buildings in their market. They are generally the best looking buildings with the best construction, and possess high-quality building infrastructure. Class A buildings also are well located, have good access, and are professionally managed. As a result of this, they attract the highest quality tenants that also command the highest rents.

Class B
This is the next notch down. Class B buildings are generally a little older, but still have good quality management and tenants. Oftentimes, value-added investors target these buildings as investments since well-located Class B buildings can be returned to their Class A glory through renovations such as facade and common area improvements. Class B buildings should generally not be functionally obsolete and should be well maintained.

Class C
The lowest classification of office building and space is Class C. These are older buildings and are located in less desirable areas and are often in need of extensive renovation. Architecturally, these buildings are the least desirable, and building infrastructure and technology is outdated. As a result, Class C buildings have the lowest rental rates, take the longest time to lease, and are often targeted as re-development opportunities.

The above is just a general guideline of building classifications. No formal standard exists for classifying a building. Buildings must be viewed in the context of their sub-market; i.e., a Class A building in one neighborhood may not be a Class A building in another.

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The History of Alan A. Rezaie, CEO of Rezaie Companies #RezaieCo About Your Professional An elite real estate professional for more than 14 years, Alan A. Rezaie brings unparalleled experience, knowledge and a devotion to full-service customer care to every client. Alan's clients trust in him to expedite the process by using his unique abilities to problem solve and create a plan to get the deal done. Alan prides himself on his stellar reputation both personally and professionally. Determined yet empathetic, he earns the respect of the clients, attorneys and fellow brokers who are part of the many real estate transactions he has helped clients confidently and successfully close. Experience 2019- Present - Luxury Agent, Long & Foster | Christie's International 2017- Present - CEO, Rezaie Companies aka RezaieCo 2012- 2019- Property Manager, Metro Home Management 2015- 2017- Business Development, Keller Williams McLean 2014-2015- Designations in Accredited Buyer Representative & Seller Representative Specialist 2012- 2018- Managing Partner, Washington Luxury Properties 2006- 2009- President, Campbell's Landing HOA 2007 - Designations in Corporate Relocation Professional 2005- 2006- Committee Member, GCAAR-Community/Public Policy/Leadership Advisory 2005- 2012- Operations Manager, Long & Foster 1983- 2004- Sales/Marketing Manager- Carpet Center/ Atlanta Floor Covering Our offerings of fine properties in all price ranges, coupled with the experience of Alan A. Rezaie combine to offer our purchasers and sellers unparalleled real estate services. Let us be your #1 source on the luxury real estate market providing you access to an exclusive deep-dive report with analysis featuring a number of metrics including sales price, sales volumes, number of sales, sales-price-to-list-price ratios, days on the market, and price-per-square-foot. The comprehensive luxury market report will be provided upon request whether you are selling or purchasing a property. Since the beginning of time, real estate markets have proven to be fluid. As a result, real estate analytics and related market intelligence are needed more than ever to make informed and optimal decisions. We, at RezaieCo have the most recent, accurate and relevant data available- direct from the MLS. RezaieCo @Long & Foster - Fairfax Mosaic utilizes an elite network of powerful relationships, along with modern, effective tools to bring together buyers and sellers of luxury property. Our experience with local expertise and global connections drive benefits to our clients to achieving positive results. Company Perspectives: The RezaieCo Advisors is dedicated to creating exceptional real estate experiences for our clients and the communities we serve through passionate services. RezaieCo pledge to promote a fulfilling and respectful climate, one that is flexible in change, innovation, and providing growth opportunities for all involved in our environment. Key Dates: 2005: Alan Rezaie & Amal Lafhal join Long & Foster- Democracy Office in Bethesda, Maryland. - Awarded Best Team in Office- 1st Year, Chairman's Club $5m+ Sales 2006: Alan Rezaie joins Greater Capital Area Association of Realtors - Public Policy, Leadership Advisory & Community Service Board Member, Operations Manager- Lafhal-Rezaie Group, Chairman's Club $5m + Sales, Alan Rezaie elected President of Campbell's Landing Homeowner Association in Vienna, Virginia for a 4 year term. Team moves to Vienna Office in Virginia. Awarded NVAR Top Producer. 2007: Lafhal-Rezaie Group awarded Chairman's Club with Long & Foster, Promote & Network to International Clientele. Awarded NVAR Top Producer. 2008: Lafhal-Rezaie Group awarded Founder's Club -$10M + Sales. Build niche International Clientele base. Awarded NVAR Top Producer. Alan Rezaie achieves Corporate Relocation Professional Designation. 2009: Lafhal-Rezaie Group awarded Founder's Club - $10m + Sales, Awarded NVAR Top Producer 2010: Lafhal-Rezaie Group awarded Founder's Club- $10m + Sales. Awarded NVAR Top Producer 2011: Lafhal-Rezaie Group reached $20m+ Sales. Awarded Founder's Club, NVAR Top Producer. 2012: Lafhal-Rezaie Group venture to form Washington Luxury Properties. Alan Rezaie becomes Partner of the firm, and also establishes Metro Home Management catering to International Clientele. His role was in all facets of the company from human resource, education/development, marketing and IT. The firm networked to Embassies, IMF, World Bank & International Arena via Exhibitions at Cityscape Qatar/ Dubai 2012, 2013, 2014. The partnership of the business was not consistent with the business plan creating tensions. This, plus the partners being hit with an IRS audit eventually played a factor in the closing of the business. Alan realized the importance bookkeeping and accounting, not just sales and marketing. Alan realized the instability of the real estate industry from Realtors coming and going motivated by various factors. 2015: Recruited to Keller Williams Realty in McLean, Virginia as a member of Lafhal Associates becoming Business Development/Marketing Manager. His focus was on the property management business as his full-time career. After a divorce, Alan actively sought to understand the models/concepts of competing firms should he organize his own entity in the competitive real estate market. During a 2-year period, he joined Coldwell Banker in Vienna, Fairfax Realty in Tysons and Remax One Solutions in Tysons. While gaining experience of management styles and systems, Alan formulated his experience gaining traction in what ultimately would set him to the sales profession once again. 2019: Alan Rezaie joins Long & Foster Real Estate | Christie’s International as a Luxury Advisor serving the residential real estate industry once again. Company History: RezaieCo is the leading luxury real estate team representing Long & Foster Real Estate, Inc. | Christie's International in Fairfax, Virginia. Origins- Alan A. Rezaie was born in Washington, DC on August 17, 1967 at the Columbia Hospital for Women. He was raised in Silver Spring Maryland going to Springbrook High School and University of Maryland in College Park graduating with a Marketing Degree in 1990. Alan is one of three siblings. He was raised in the family business and stayed committed to the business while being married to his first wife. He was Sales Manager of Carpet Center, Inc. in Laurel Maryland. Alan later established his own company called Atlanta Floor Covering networking to Realtors in the Metropolitan Washington, DC area performing record breaking sales. In 2001, Alan opened his first retail store in Burtonsville Maryland called Carpet Direct performed top notch flooring products and workmanship. Soon thereafter opening his retail store, Alan experienced the effects of the 9/11 terrorist attacks, anthrax and sniper attacks in Montgomery County, Maryland that created a downturn in his retail business. The volatility of the real estate and stock market created a downturn in the niche business as well. The business eventually closed down, Alan and his wife-partner to be Amal Lafhal followed their dreams together eventually entered the real estate profession at “the beginning of a downturn nobody saw coming”. The challenges of the marketplace and the toughness of the combination of husband/wife duo brought an ability that few would experience in a downturn market. Alan Rezaie & partner Amal Lafhal created a thriving real estate career from 2005 to 2012. Alan Rezaie and his partner faced another personally and business downturn upon opening his own Real Estate firm, property management and travel businesses at the same time, same location. The tax audit, and the partnerships failing to establish the business plan from the get-go created a personal and business nightmare and ultimately a parting that least expected. Alan has two children, a son with Autism. Alan spends a lot of time trying to conquer Autism. He loves motorcycles & MotoGP, loves traveling especially the beach, and loves dogs including his Toy Fox Terrier named Roxie. Alan loves music from Classical to House. A couple of his favorite DJ’s are Camilo Franco- Spain and Rony Seikaly- Lebanon listening to music almost half of his waking hours. Alan takes pride in his stamp, watch and art collections. He has a vast collection of his favorite basketball player- Michael Jordan. He remembers the time when he unexpectedly met the great player in Washington, DC. At the height of MJ’s career, Alan remembers the moment of seeing people stand and admire the player from afar, where he approached MJ, shock his hands and indicated that “many people are trying to compare Kobe Bryant to him, but he will never win 6 championships”. MJ threw his hands up with a smile, while smoking a big Cuban cigar and said “You never know”. Alan over the years surprisingly saw Phil Jackson move from the Chicago Bulls to the Los Angeles Lakers and eventually three more championships to reach 5. Alan realized that you really never know in life how far one can go and still has those words echoed to him. Alan Rezaie is passionate about the environment, animals and children’s well being. He has a non-profit organization established (The Rezaie Foundation) in his quest on raising awareness for Autism. One day, Alan hopes to write a book on the problem skills he has acquired through various unexpected events that could ruin many people's dreams, health and mental state of mind.

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