Report | Cincinnati Law Firm Outlook - 2015
Cincinnati firms looking for large blocks of quality space in the CBD are seeing their options dwindle, with the market expected to shift more towards landlords by 2017.
Firms that are currently in need of space are urged to act quickly, with rents expected to grow significantly over the next 12-24 months. Rents over the short-term, though, are expected to remain steady, giving potential tenants choices.
The Banks development will bring additional Trophy space to the CBD. The average premium for Trophy space has been running around 20 percent this year.
Our local Law Firm Perspective provides a thorough overview of the Cincinnati market to help you better shape your strategy. We explore conditions across Cincinnati, from rental rates—including TI allowance and discounts for Class B space—to demand among professional and business services firms.
(Click here to see an overview of 2015 national law firm trends and market comparisons.)
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