Emerging Corporate Real Estate Trends: Spec Suites

 

What exactly are ‘Spec Suites?’

Move-in ready office spaces, or ‘Spec Suites,’ are becoming increasingly popular in the world of corporate real estate as more companies opt for turn-key solutions with short-term leases. Typically located within multi-tenant buildings, Spec Suites come completely outfitted with both furniture and accessories. Landlords are staying competitive by seizing on the unconventional leasing opportunity that Spec Suites have to offer, presenting companies the opportunity to skip the designing and constructing of an office, and providing them with an attractive, move-in ready workplace.

 

LOCATED WITHIN MULTI-TENANT BUILDINGS

RANGE FROM 1,000 - 20,000+ SQ.FT.

TURN-KEY, FURNISHED WORKPLACE

COMPLETE WITH ACCESSORIES

Explore some of our favorite Spec Suite idea starters

Whether it be a collaborative lounge area, open office benching solution, or glass-fronted private office, our Workplace Consultants will assist your team in assembling a Spec Suites package that will meet the needs unique to each tenant.

Click on an image to learn more about what products are used, square footage information, and overall footprint dimensions.

Get creative with textile selections

Our Design Consultants can help Landlords stay on trend by selecting fun, creative textiles to use on the furnishings throughout their Spec Suites and amenities areas. Attract forward-thinking, brand-focused tenants with finish pallets that inspire.

 

Don’t forget accessories!

Seeing as the goal of the Landlord is to provide a fully-furnished environment for prospective tenants, accessories are often required to complete the space. While our services are centered on providing commercial furniture and architectural solutions, our Design Consultants can assist your team in assembling a beautiful accessories package to complete the Spec Suite experience.

Accessories to consider for Spec Suite environments include:

  • Accent rug for a welcome area

  • Decorative vases for a reception desk, coffee tables, and a credenza

  • Succulent trough for a breakroom table

  • Mobile cart for a mothers & wellness room

  • Throw pillows for a waiting area sofa

  • Tablet stand for a focus room

  • Task light for heads-down work

  • Artwork for a meeting space

  • Coat hooks for the entry area

Price per sq.ft. calculator

Allsteel offers a Price Per SqFt Calculator on their website that provides a way to calculate and present furniture cost per square foot based on user input of necessary information. This can help you determine the impact of furniture and architectural products purchase on overall project budget. Landlords look to spend between $50 - $175 per square foot, allowing $18 - $35 per square foot for furniture and accessories.

 
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