St. John Properties bets big on spec, cites...

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A bundle of 10 speculative buildings spanning four suburban counties and totaling 650,000 square feet are now under construction by St. John Properties. The projects will produce a total of 400,000 square feet of new Class A office in Anne Arundel, Howard, Carroll and Baltimore counties. In Anne Arundel, for example, four buildings comprised of more than 200,000 square feet are under development. The Anne Arundel projects include a 126,500-square-foot building at I-97 Business Park. The new construction…