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D.R. Coell & Associates offers over four decades of knowledge on the issues impacting investors, developers, owners and occupiers of office property. From market and lease analysis to full narrative valuation, our team of experts is committed to delivering the most reliable market information in combination with unprecedented service.

Classification. Office buildings are usually loosely grouped into one of three categories: Class A, Class B, or Class C. These classifications are all relative and largely depend on context. Class A buildings are considered the best of the best in terms of construction and location. Class B properties might have high quality construction, but with a less desirable location. And Class C is basically everything else.

Central Business District (CBD). Office buildings located in the central business district are in the heart of a city. In larger cities like Toronto or Montreal, and in some medium sized cities like Edmonton or Winnipeg, these buildings would include highrises found in downtown areas.

Suburban office buildings. This classification of office space generally includes midrise structures of 30,000-200,000 square feet located outside of a city center. Cities will also often have suburban office parks which assemble several different midrise buildings into a campus-like setting.