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Speculative Building

2 Posts
1 Sections
1 Types

January 1, 1 7 min read Definitions

SPEC

SPEC Speculative Building Real Estate Development Tenant Leasing Property Market Construction Without Occupant

SPEC, short for speculative, refers to real estate built without a pre-committed tenant, buyer, or user, with the prediction that demand in the market will ensure occupancy after completion.

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January 1, 1 6 min read Definitions

Speculative Building

Speculative Building Real Estate Development Construction Market Demand Subdividers Builders Converters Developers

Speculative building involves land development or construction without a formal commitment from end users, with the expectation that demand exists or will form for the finished product.

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