Skip Ribbon Commands
Skip to main content

Law firms are shifting back west due to the delivery of new office product in the CBD

  • ​From 2000 to 2009, eight of the 10 law firms that signed leases in excess of 50,000 s.f. to relocate to a new submarket moved from the western side of the city (CBD, West End and Georgetown) to the East End as office development expanded eastward along K Street and toward Gallery Place.
  • Over the past decade, as the East End has become fully built-out with the growth of office, multifamily and retail causing increased congestion, large law firm relocation patterns have shifted back toward the west, particularly as more than 20 aging buildings in the CBD are being redeveloped to Trophy and Class A+ quality.
  • From 2010 to 2017, 11 of the 13 law firms that signed leases larger than 50,000 s.f. to relocate to a new submarket moved from the East End to the CBD, with the remaining two firms relocating from the East End to Capitol Hill and the Wharf.​​

Source: JLL Research




Get our latest insights

Subscribe

Connect with us