Report | St. Louis Law Firm Outlook - 2015
St. Louis-based law firms are in a good position to take advantage of available space in the CBD, leveraging the walkable CBD to attract young talent to their firms.
Tenants looking for large space in the market will likely be able to get a more favorable deal with landlords due to a lack of large lease expirations coming down the pike in the short term.
Low vacancy in Clayton, however, is driving up rents in that submarket and giving landlords more negotiating power.
No new construction is scheduled in the market, meaning that existing facilities are the only current option for tenants.
Our local Law Firm Perspective provides a thorough overview of the St. Louis market to help you better shape your strategy. We explore conditions across St. Louis’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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