Floor to Ceiling Height
The height between each floor plate in a building measured from the top of a floor to the surface of the ceiling.
Putting “Floor to Ceiling Height” in Context
Redfield Capital, a real estate investment firm specializing in core-plus acquisitions, is evaluating the purchase of Preston Towers, a 150,000-square-foot suburban office building in Plano, Texas. Built in 2004, the property is well-located within the thriving Preston Road business corridor, but its interiors are starting to feel somewhat dated compared to newer office developments in the area.
One feature that has stood out to Redfield Capital during their due diligence is the building’s floor-to-ceiling height of 9 feet. While not considered a premium height for modern Class A office buildings, which often feature heights of 10 to 12 feet or more, the 9-foot floor-to-ceiling height at Preston Towers is still acceptable for most tenants, especially smaller businesses and professional services firms.
The Role of Floor-to-Ceiling Height in Office Leasing
In commercial office buildings, floor-to-ceiling height plays an important role in tenant satisfaction and marketability. A greater height can make spaces feel more open, allow for better natural light penetration, and accommodate specialized tenant needs such as raised flooring systems or advanced HVAC setups.
At Preston Towers, several prospective tenants have expressed interest, but Redfield Capital’s leasing team has noted that newer office developments in the Plano-Frisco market are competing with floor-to-ceiling heights of 10-12 feet. These newer properties may attract tenants who prioritize more modern, spacious layouts. However, Preston Towers’ competitive lease rates, combined with its central location, offer a strong value proposition, even with a slightly lower floor-to-ceiling height.
The Investment Strategy
Redfield Capital’s strategy is to acquire Preston Towers at a competitive price and undertake a modest capital improvement plan. This would include upgrading common areas, adding modern amenities like collaborative workspaces, and improving lighting systems to make the existing 9-foot ceiling height feel more open and inviting. Additionally, targeted marketing would focus on the building’s other strengths—its accessibility, parking availability, and proximity to dining and retail—rather than purely its architectural features.
Conclusion
In this scenario, floor-to-ceiling height becomes an important factor in Redfield Capital’s leasing strategy and repositioning plans for Preston Towers. While the 9-foot height is not a cutting-edge feature, the property’s other competitive advantages—combined with thoughtful design and marketing—help make it a viable, attractive option in Plano’s highly competitive office market.
Click here to get this CRE Glossary in an eBook (PDF) format.