Tag Archives: law firms

2018 & beyond: What will the law firm real estate landscape look like?

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The growing momentum in the global economy has forged a new path for the law firm real estate market. With more than 65 million square feet of new office supply under construction in just the U.S. alone, law firms are finding myriad choices for both location and space that’s… Read More

Will Phoenix law firms start to move into creative space?

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CaptureAccording to JLL’s 2015 Law Firm Perspective, law firms across the U.S. are warming up to the idea of occupying creative office space. They are even locating outside of traditional CBD’s as rents continue to rise and the availability of quality Class A office space diminishes.

Are these national trends true to the Phoenix market?… Read More

Winds of change gusting through the U.S. law firm office landscape

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U.S. Law Firm ReportPositive economic headwinds have picked up force across the U.S. creating increased optimism for 2014 and 2015.  However, the outlook for most law firms remains muted driven by stagnancy across most practice areas and continued fee compression.

On the real estate side, firms encounter markets with shrinking quality options, fueling heightened rents, diminished… Read More

Camelback corridor could soon see a drop in office vacancy

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John-Bonnell-blogJohn Bonnell, managing director of Agency Leasing, recently shared his thoughts with the Phoenix Business Journal on the Camelback corridor and overall Valley office trends. While the Camelback corridor is widely regarded as a highly sought after submarket, recent reports indicate otherwise.

The Camelback corridor posted an average 27.4 percent vacancy rate for the first half of 2013, surprisingly higher than the Valleywide average… Read More