Report | Orange County Law Firm Outlook - 2015
Orange County-area law firms are facing a tightening market, which is expected to remain landlord-favorable through 2017.
Strong rent growth is limiting the number of affordable options for many prospective tenants. Rents spiked by an average of 7 percent last year, and are expected to rise by another 8 percent over the next 12 months, causing many landlords to pull back on concession packages to tenants.
Our local Law Firm Perspective provides a thorough overview of the Orange County market to help you better shape your strategy. We explore conditions across the market, 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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