- Control over design and finishes
- Quicker lease-up time frame.
- Higher initial expense BUT cheaper to clean up and re-tenant after initial lease up
- Term Flexibility – Landlords will do shorter term deals (3 years) in spec suites, allowing Tenants to try the hybrid work experiment without committing to 7-10 year leases.
- Time Savings – Most Tenants NEED SPACE NOW and don’t have the 8-12 months needed in today’s market to design and construct a space
- No construction cost overage exposure – If Tenants go over their Tenant Improvement Allowance to build their space, that is a financial hit a lot of them are not expecting.
We have extensive experience with this type of space. If you want to talk about the coolest spec suites in your market, give us a call.
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