The ROI of Converting Class-B Buildings to Compete with Class-A Buildings

Class-B buildings currently represent an underserved value for owners and developers. They offer a lower barrier to entry, with plenty of vacancies and economical prices, while there is an oversupply and stagnant demand for expensive class-A properties. More importantly, class-B buildings allow developers to implement location-specific amenities and work-life convenience for an evolving millennial work force, and recoup ROI from operation efficiency, full occupancy leasing and sales of converted buildings.

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