What we reclassify in an office building
5-year personal property
- Decorative lighting and millwork
- Window treatments and removable wall coverings
- Modular furniture systems
- Tenant-specific dedicated power and data
- Decorative interior finishes
15-year land improvements & QIP
- Parking lots, walkways, lighting, signage
- Landscaping and irrigation
- Qualified Improvement Property (interior non-structural work)
Reclassification benchmark
Class A office with substantial tenant improvements often reclassifies 20–25%+. Class B/C with minimal TI work trends to the lower end of the 15–25% range.