As your Detroit law firm’s real estate partner, we’ll secure the most economical, functional and efficient real estate deal that reflects your culture and image.
Detroit's CBD has recently seen a sharp decline in available space, as more large corporations relocate or expand their operations back downtown.
Existing office towers are seeing upgrades, and landlords are boosting rents, tightening core market fundamentals. We expect Detroit to be landlord-favorable starting in 2017.
However, a growing shift towards the urban market from suburban locations has opened up opportunities for your firm to find premium office space in the suburbs at a discount, should that be a viable option. Additionally, Class B office space remains available, and at an 18 percent discount (as of Q3 2015).
JLL's Detroit law firm team is here to help you and your firm tackle a variety of market-centric issues.
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Need help? Connect with one of our experts. We look forward to helping you with your real estate needs.
More large corporations are relocating or expanding their operations downtown from the suburbs, leaving Detroit law firms with fewer options for available space.
Nationwide, CBD Class A space is dipping into single-digit territory in many markets, while Trophy rents continue to rise at 2.5 times faster than the market average. Find out why it's happening across the county, and how it affects Detroit (as well as a number of other important areas across the region), by downloading our full 2015 report.