A building built without a tenant or occupant identified prior to construction is known as what?

A building built without a tenant or occupant identified prior to construction is known as what?

• A. Spec Building
• B. Design-Build
• C. Tenant Occupied
• D. Conversion

Answer: (A)

A speculative (spec) building is constructed without a specific tenant in mind, with the expectation that it will be leased or sold after completion. This approach means the design aims to be flexible enough to accommodate multiple potential tenants or uses, rather than a single occupant’s exact needs. The other terms don’t fit because design-build refers to a project delivery method combining design and construction under one contract, tenant-occupied means a tenant is already identified for the space, and conversion means changing an existing building’s use.

A speculative (spec) building is constructed without a specific tenant in mind, with the expectation that it will be leased or sold after completion. This approach means the design aims to be flexible enough to accommodate multiple potential tenants or uses, rather than a single occupant’s exact needs. The other terms don’t fit because design-build refers to a project delivery method combining design and construction under one contract, tenant-occupied means a tenant is already identified for the space, and conversion means changing an existing building’s use.