{"id":8731,"date":"2017-05-23T18:54:19","date_gmt":"2017-05-23T17:54:19","guid":{"rendered":"https:\/\/lisney.com\/belfast\/?p=8731"},"modified":"2022-08-04T16:28:54","modified_gmt":"2022-08-04T15:28:54","slug":"what-is-grade-a-office-space","status":"publish","type":"post","link":"https:\/\/lisney.com\/belfast\/what-is-grade-a-office-space\/","title":{"rendered":"What Is Grade A Office Space?"},"content":{"rendered":"
\n

For those in the world of commercial property, \u2018Grade A\u2019 is a term that you\u2019ll hear most days and if the office or investment sector is of interest to you it\u2019ll be the benchmark against which you compare the majority of assets. While there is no industry standard definition for Grade A it refers to \u2018best in class office accommodation either new or recently refurbished with raised floor access, air conditioning and in general accommodation that meets and exceeds the requirements of demanding modern occupiers.<\/p>\n

Best in-class office accommodation<\/h2>\n

While there is no industry standard definition for Grade A it refers to \u2018best in class office accommodation either new or recently refurbished with raised floor access, air conditioning and in general accommodation that meets and exceeds the requirements of demanding modern occupiers. As with many subjective terms, Grade A in one place isn\u2019t always the same as Grade A in another, and hence the expectations of London\u2019s Grade A offices may be significantly different to Belfast\u2019s offices<\/a> in terms of the standards expected in these locations.<\/p>\n

For decades two key drivers, above all other elements, have topped the list of occupier demand when selecting their Grade A office; cost and location took precedence over and above all else and more often than not made or broke deals.<\/p>\n

That is until now. As the economy changes and with the proliferation of smart technologies it\u2019s no longer just location and cost at the very top of the occupier\u2019s list. Enter digital connectivity, the new kid on the block, a factor driven so strongly by the rapidity of recent technological change that it is now to be rapidly catching up with Location and Cost on occupiers’ requirement lists<\/p>\n

Right place, at the right price<\/h3>\n

Today, for almost every company looking for Grade A space, is being in the right place, at the right price enough? If the digital connectivity of the space doesn\u2019t meet, support and exceed a firm\u2019s technological infrastructure requirements it\u2019s a significant barrier to the decision-making process. And digital connectivity isn\u2019t the only factor that\u2019s moved up occupiers’ list of requirements. Over the past ten years, one of the biggest workplace changes has been the transition towards a gig economy, where temporary jobs are commonplace, and companies are moving from full-time employees toward independent contractors and freelancers. As a result, the layout is becoming a more and more vital aspect of a company\u2019s decision-making when choosing their future home.<\/p>\n

Cubicles and private offices have become \u2018so last decade\u2019 and technological change and economic pressures are resulting in what has been coined the \u2018agile workplace\u2019. Companies are now having to provide inventive environmental solutions to offer flexible working space for permanent staff and also meet the requirements of project workers. This is fuelling a desire for occupiers to have open plans and collaborative areas that just a few years ago would have been considered the domain of the design studio or tech start-up.<\/p>\n

So\u2026 what is Grade A office space?<\/h2>\n

Well, right now it\u2019s harder to define than ever and likely to become more so as occupier demands continue to become more diverse. One thing that can be said for sure is that occupier decisions won\u2019t just be based on location and cost any more, there\u2019s an awful lot more to it than that.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

For those in the world of commercial property, \u2018Grade A\u2019 is a term that you\u2019ll hear most days and if the office or investment sector is of interest to you it\u2019ll be the benchmark against which you compare the majority of assets. While there is no industry standard definition for Grade A it refers to […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8731","post","type-post","status-publish","format-standard","hentry","category-uncategorised"],"acf":[],"yoast_head":"\nWhat Is Grade A Office Space? - Belfast<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/lisney.com\/belfast\/what-is-grade-a-office-space\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Is Grade A Office Space? - Belfast\" \/>\n<meta property=\"og:description\" content=\"For those in the world of commercial property, \u2018Grade A\u2019 is a term that you\u2019ll hear most days and if the office or investment sector is of interest to you it\u2019ll be the benchmark against which you compare the majority of assets. 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