Global Definitions Database

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Class C

A subjective division of buildings by desirability among tenants and investors; generally older buildings that offer space without amenities; average to below-average maintenance and management, average to poor mechanical, electrical, and ventilation systems; attracts moderate to low-income tenants who need affordable space.

Source: NCREIF | Date: 02 September 2025 | ID: D0984 | Version: 1