(Credit: Rob Hainer/Adobe Stock) Construction Slowdown Has Atlanta Firms Considering Signing Leases Years Before They Move
"Given the diminished development pipeline, law firms will face heightened competition for quality large blocks in the coming years," said a new report from commercial real estate broker JLL.
June 24, 2024 at 12:58 PM
5 minute read
Law Firm Management
What You Need to Know
- Law firms are considering leasing new office space in Atlanta up to three years before their current leases end.
- Firms foresee competing for increasingly scarce new 'quality' space amid the lowest level of office construction in a decade.
- Leasing of Class A space allowed the overall Atlanta office market to improve this year compared to 2023.
Law firms are considering leasing new office space in Atlanta up to three years before their current leases end as they foresee competing for increasingly scarce new "quality" space amid the lowest level of office construction in a decade, a new report states.
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