Report | Silicon Valley Law Firm Perspective - 2016
Existing Class A space is in very short supply across Silicon Valley and that's leaving larger law firms with few existing options in addition to heightened asking rents. Upcoming proposed developments close to entitlement will provide prime Class A space options that firms can configure from the ground up. The consolidation of some firms into smaller, efficient offices will allow law firm tenants in the market to lease space built out with professional services finishes, minimizing out-of-pocket build-out costs.
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