Growing demand for spec suites in Northern Virginia's Rosslyn-Ballston Corridor
Spec suites are fully finished, move-in-ready office spaces designed by landlords for tenants seeking quick and flexible solutions. With shorter lease terms, they’re perfect for businesses looking for temporary or satellite locations.
The demand for spec suites in the Rosslyn-Ballston Corridor is growing, with 22 suites leased in Q3 2024 compared to just 13 in Q4 2022. This rise is fueled by small to mid-sized tenants needing adaptable spaces as office attendance in Northern Virginia remains at 60.1% of pre-pandemic levels, largely due to hybrid work models.
The Rosslyn-Ballston Corridor offers unique benefits, including proximity to Washington, D.C., excellent public transit, and access to a skilled talent pool, making it an ideal location for firms seeking move-in-ready spaces without the lengthy buildout process.