Renovate or Die: Repositioning Class B & C Buildings

By Jennifer Umberger – Marketing Manager

Published in Universe, the NAIOP Minnesota Chapter Newsletter – November/December 2007

In the past year, one thing has become evident in the Class B and C Office sector. Buildings are becoming tired, outdated, and are being overshadowed by newly constructed options for tenants in the market. The old adage – lead, follow or get out of the way – seems particularly relevant to what’s happening as buildings in the Twin Cities begin to show the signs of aging.