Companies interested in leasing, subleasing, purchasing or selling office space in the Bay Area

Law Firms

The Increasing Impact of Millennials in and on Law Firms

  by Jeffrey S. Weil, Executive Vice President at Colliers International on March 16, 2018 There are approximately 80 million millennials, those born between 1980 and 1999. According to the U.S. Bureau of Labor Statistics, they comprise almost a quarter of all attorneys and by 2030 they will make up 75 percent of the nation’s…

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CORPORATE OFFICE PERSPECTIVES | AUGUST 1, 2017

The one word to describe the San Francisco Bay Area commercial real estate market, encompassing office, multifamily and investments is “unbelievable”! Major office and apartment buildings are trading at record prices, office leasing is still robust although we have a lot of supply coming on-stream in San Francisco, and the big tech companies continue to…

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Many law firms have reduced their footprint

Many law firms across the country have reduced their footprint by 15 to 20 percent, especially in pricey office markets. Firms devote around 7 percent of their revenue to rent … as a result, some attorneys have been kissing their corner offices goodbye, moving into smaller individual office spaces, bunking up with other attorneys or…

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CORPORATE OFFICE PERSPECTIVES | APRIL 1, 2017

Like many of you, I do not know a single person looking for a job. My friends, who get downsized or merged out of positions, seem to bounce right back into another great employment opportunity. Here in the Bay Area, one big complaint is how long the commute can be. For many of my friends…

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law firms are relocating to Shadelands

There are several downtown Walnut Creek law firms now looking in the much less expensive Shadelands region. Downtown Class A office rents, including parking, on average, are $4/rsf, while Walnut Creek Shadelands Class B space can be less than a half of this amount. A 10,000-square-foot firm can save more than $1,200,000 during a 5-year…

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