Quote:
Originally Posted by Deepstar
Hard to say. The office space vacancy rate is very low, and they just might go ahead and build on spec...it has been done here recently and has been successful. I'm guessing it may sit idle for a while.
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Yes they may build this on spec, but no the previous spec building (EAP) was
not successful.
This one may begin now but it is a long way away since the parking requirements of it are somewhat astronomical they will be digging for a while.
The higher parking requirement also adds to the cost of the building substantially so they will need a tenant willing to pay somewhat higher rents then expected, which may take a while to find and therefore influence their decision to go on spec or wait for preleasing. I'll try and keep this thread up to date on what I hear.