Class A and trophy assets have been the hot trend for office in the post-pandemic world — but Adams & Company says not to sleep on Class B properties.
In fact, principals Jeff Buslik and David Levy told GlobeSt. that its entire office portfolio in New York City, which includes solely Class B's, is averaging vacancy rates under three percent.
"We've been renting [out] 5,000 to 20,000 square feet in Class B buildings consistently for the last 24 months," Buslik said.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
