This occupancy, together with occupancy 993 (Interior Space, Office Building), allows you to individually price the shell and the tenant improvement costs for an office building (in separate sections of the report). This provides an alternative to occupancy 344 (Office Building), which includes both the shell and tenant improvement costs.
These building shells are designed for commercial occupancies and are normally subdivided into smaller units for tenant use. Costs include the basic building shell and service core (lobby) area finishes only (commensurate with the building class and quality). Only rough electrical and plumbing are included, except for the lobby finishes and core restrooms.
You can add interior build-out (tenant improvement) costs using occupancy 993 (Interior Space, Office Building), which you must enter in a different section.
The following are not included in the costs: Signs, tenant improvement build-out, and office furnishings or equipment.
Availability of Elevators by Area for this occupancy: Yes
Marshall Valuation Service sections: 15 and 45.
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Class |
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Quality |
A |
B |
C |
D |
H |
M |
P |
S |
W |
Low |
50 |
50 |
45 |
40 |
-- |
-- |
40 |
40 |
-- |
Average |
55 |
55 |
50 |
45 |
-- |
-- |
45 |
45 |
-- |
Good |
60 |
60 |
55 |
50 |
-- |
-- |
50 |
50 |
-- |
Excellent |
60 |
60 |
55 |
50 |
-- |
-- |
50 |
50 |
-- |
In addition to being an aid in selecting a building’s quality, the following indicates what is included in the base shell cost. Note that HVAC costs have been included in the total with the finished build-out space in occupancy 993 (Interior Space, Office). You can allocate a prorated amount back to the shell cost if needed by selecting the appropriate HVAC component and entering a percentage of the total floor area, typically 60% to 80%.
Class A (Fireproof Structural Steel Frame)
Quality |
Exterior Walls |
Interior Finish |
Mechanicals |
HVAC |
Low |
Minimum-cost walls and fenestration, little trim |
Drywall, paint or paper, acoustic ceilings, asphalt composition, plain lobbies |
Minimum lobby lighting, few core extras, small restrooms |
None |
Average |
Brick, concrete or metal and glass panels, some trim |
Drywall or plaster, vinyl, terrazzo, carpet, adequate entry lobby |
Average intensity core lighting, average restrooms |
None |
Good |
Good metal and solar glass, brick, best precast concrete panels |
Plaster, paneling, vinyl, good pavers, terrazzo, carpet, good entry & lobbies |
Good fluorescent core ceilings, adequate restrooms |
None |
Excellent |
Best metal or stone curtain panels, solar glass, atrium, highly ornamental |
Plaster, best veneers, vinyl, best marble & carpet, top lobby finishes |
Luminous lobby ceilings, good tiles core restrooms |
None |
Class B: Reinforced Concrete Frame
Quality |
Exterior Walls |
Interior Finish |
Mechanicals |
HVAC |
Low |
Minimum-cost walls and fenestration, little trim |
Drywall, acoustic ceilings, asphalt tile, few partitions |
Minimum office lighting & plumbing |
None |
Average |
Brick, concrete or metal and glass panels, little trim |
Average partitions, acoustic tile, vinyl composition, some extras |
Average intensity fluorescent lighting, average restrooms |
None |
Good |
Good metal and solar glass, face brick, precast concrete panels |
Drywall/plaster, some wall cover, acoustic tile, vinyl tile, carpet |
Good fluorescent, high intensity lighting, good restrooms |
None |
Excellent |
Best metal or stone, brick or block backup, tinted glass |
Plaster, best veneers, vinyl wall coverings, vinyl tile, terrazzo |
Luminous ceilings, many outlets, many private restrooms |
None |
Class C (Masonry Bearing Walls)
Quality |
Exterior Walls |
Interior Finish |
Mechanicals |
HVAC |
Low |
Masonry bearing walls, light rafters, very plain |
Paint, few low-cost partitions, acoustic tile, asphalt tile |
Minimum office lighting & plumbing |
None |
Average |
Steel or concrete frame, or bearing walls, some trim |
Paint, drywall partitions, acoustic tile, vinyl composition |
Fluorescent lighting, adequate outlets and plumbing |
None |
Good |
Steel frame or bearing walls, brick/ conc. panels, some ornamentation |
Plaster or drywall, good partitions, acoustic tile, carpet and vinyl |
Good fluorescent lighting, good restrooms and fixtures |
None |
Excellent |
Steel frame, masonry and glass, stone ornamentation, top quality |
Plaster, paneling, carpet and terrazzo, suspended ceilings |
Best fluorescent ceiling panels, tiled restrooms, good fixtures |
None |
Class D (Wood or Steel Framed Exterior Walls)
Quality |
Exterior Walls |
Interior Finish |
Mechanicals |
HVAC |
Low |
Light stucco or siding on wood or steel studs, very plain |
Drywall, few partitions, acoustic tile, asphalt tile |
Minimum lighting & plumbing |
None |
Average |
Stucco or wood siding on wood or steel studs, some trim |
Drywall, acoustic tile, low-cost carpet or vinyl composition |
Adequate lighting & plumbing |
None |
Good |
Best stucco on good frame, brick or stone trim, good front |
Plaster or drywall, good partitions, acoustic tile, carpet and vinyl |
Good fluorescent lighting, good restrooms and fixtures |
None |
Excellent |
Studs or steel columns, bar or web joists, brick or stone veneer, EIFS |
Best plaster, paneling, carpet and vinyl tile |
Fluorescent panels, many outlets, good tiled restrooms |
None |
Quality |
Exterior Walls |
Interior Finish |
Mechanicals |
HVAC |
Low |
Pole frame, finished interior, some insulation |
Drywall, few partitions, acoustic tile, asphalt tile |
Minimum lighting & plumbing |
None |
Average |
Pole frame, insulated metal panels, some ornamentation |
Drywall, acoustic tile, low-cost carpet or vinyl composition |
Adequate lighting & plumbing |
None |
Good |
Good metal panels, fenestration, some brick or stone trim |
Plaster or drywall, good partitions, acoustic tile, carpet and vinyl |
Good fluorescent lighting, good restrooms and fixtures |
None |
Class S (Metal Frame and Walls)
Quality |
Exterior Walls |
Interior Finish |
Mechanicals |
HVAC |
Low |
Steel or aluminum on light frame, finished interior, some insulation |
Drywall, few partitions, acoustic tile, asphalt tile |
Minimum lighting & plumbing |
None |
Average |
Insulated wall or sandwich panels, adequate fenestration |
Drywall, acoustic tile, low-cost carpet or vinyl composition |
Adequate lighting & plumbing |
None |
Good |
Good sandwich panels and fenestration, some brick or stone |
Plaster or drywall, good partitions, acoustic tile, carpet and vinyl |
Good fluorescent lighting, good restrooms and fixtures |
None |