The Rise of Spec Suites: An Analysis of Speculative Office Spaces in the Washington Metro Area

Speculative office suites—move-in-ready office spaces that are built-out and designed by the property owner in advance of a tenant signing a lease—have become increasingly popular in the Washington metro area and other markets. Notably, the number of spec suites available in the CBD and East End submarkets of the District of Columbia has more than doubled in the past 18 months.

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