San Diego’s legal industry is no exception to the current national trend that’s seeing landlords gaining the upper hand in real estate transactions. Law firms in most markets are finding less supply, higher rents and fewer concessions from landlords.
While leverage has shifted in many markets, JLL’s current Law Firm Perspective identifies some markets and submarkets were real estate opportunities still remain.
LinkedIn post: Over the next two years, law firms are expected to continue to lose real estate market leverage. JLL’s new infographic outlines how leverage has shifted away from law firms towards landlords: http://bit.ly/OysKOh