Report | Oakland Law Firm Outlook - 2015
Law firms in Oakland are now having to compete with other industries for the most sought-after spaces in the downtown area. This heightened demand is causing rental rates to spike for Class A and B space.
The market is expected to see an 18 percent jump in average leasing costs over the next 12 months, following a 13 percent increase over the past year.
Our local Law Firm Perspective provides a thorough overview of the Oakland market to help you better shape your strategy. We explore conditions across Oakland, from rental rates—including TI allowances 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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