Due to a continued active development pipeline Class A availability is now higher than that of Class B and C, according to a new US Office report from Savills.
Tenants are seeking best-in-class locations and amenities, creating a significant bifurcation in pricing with Class A properties asking 25% more on average.
The "flight to quality" and active construction pipelines have contributed to keeping Class A rents stable – and increasing at the very top of the market, Savills said.
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