Report | Miami Law Firm Outlook - 2015
As building occupancies increase, premium spacesa re commanding higher rates. And as rents contintue to rise, and rent abatements diminish, some Miami law firms are actively weighing the benefits of moving out of the CBD and into other submarkets.
Firms with leases set to expire in the next 24 months are being advised to renew early, in order to counter rents expected to continue to rise through 2016.
Our local Law Firm Perspective provides a thorough overview of the Miami market to help you better shape your strategy. We explore conditions across Miami’s submarkets, from rental rates—including premiums for Trophy space 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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