Report | Indianapolis Law Firm Perspective - 2016
Long-term leases signed by several large Indianapolis law firms prior to 2011 are limiting near-term workplace redesign opportunities as reconfiguring space to move from hierarchical to standardized office sizes during occupancy creates significant business disruption. Building owners’ desire to provide extra value in the form of additional amenities allows law firms to maximize value of their real estate. We do see landlords regaining control of the law firm market in 2017 before the pendulum shifts back to neutral in 2018.
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