Report | Richmond Law Firm Outlook - 2015
Law firms in the Richmond market have favorable conditions to work with over the next few years, especially within the city’s CBD. Rental rents have declined within the CBD’s Class A market, with the overall rental averages dipping 6 percent over the last 12 months.
Firms looking for Trophy space will pay 46 percent premium on average.
Our local Law Firm Perspective provides a thorough overview of the Richmond market to help you better shape your strategy. We explore conditions across Richmond, 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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