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Spec Suite (Prebuilt)

A spec suite is a prebuilt office suite constructed by the landlord before a specific tenant is signed, usually with standardized finishes and a marketable layout. It is used to reduce tenant buildout time and to support faster leasing velocity.

Where it applies
Generally, not specific to New York
When it comes up
Marketing / Leasing
Property types
Office

Related terms

PrebuiltTurnkeyWork LetterTI