Report | Columbus Law Firm Outlook - 2015
Columbus-based law firms are seeing the availability of quality, large blocks of space dwindle, as Class A rents have begun to trend upward. The market is expected to turn towards landlords starting in 2017.
Space remains limited in the especially sought-after Capitol Square submarket. However, new Class A construction has been proposed that would expand market availability in that area.
The Columbus market is fortunate to have a highly educated and growing workforce, which has given firms in the area the ability to pick from a qualified and deep talent pool.
Overall, rents are still below historic levels, although they continue to rise.
Our local Law Firm Perspective provides a thorough overview of the Columbus market to help you better shape your strategy. We explore conditions across Columbus’s submarkets, from rental rates—including discounts for Class B space and TI allowances—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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