
š¢ How Law Firms Are Driving Office Leasing Trends in Texas š
š¢ How Law Firms Are Driving Office Leasing Trends in Texas š
š¼ Why Financial Firms Are Rethinking Their Office Space Strategy šļø
šļø How Law Firms & Financial Firms Are Reshaping Office Demand
As Houston continues to evolve post-pandemic, the demand for office space isnāt dyingāitās transforming. And two of the biggest drivers behind this shift? Law firms and financial services companies.
š§ Whatās Changing?
These traditionally office-bound industries are rethinking how they use space. While remote and hybrid models remain, thereās a growing demand for specialized, flexible, and client-forward office environments.
Hereās what savvy investors, developers, and owners should know:
š¼ 1. Private & Client-Facing Layouts Are Back
Law firms need soundproof rooms for confidentiality. Financial firms are redesigning for high-net-worth client interactions. This has led to rising interest in Class A and B+ spaces in prestigious submarkets like West Houston, Katy, and The Heights.
š§© 2. Smaller Footprints, Higher Finish-Outs
Instead of 20,000 sq. ft. floorplates, weāre seeing 3,000ā7,000 sq. ft. boutique offices with high-end finishes. Landlords who invest in modern buildoutsāglass offices, natural light, smart techāare leasing faster.
šļø 3. Flexible Design = Leasing Advantage
Property owners partnering with architects and general contractors to offer turnkey suites or custom TI allowances stand out. Law and finance tenants want space that can grow with their teams.
š 4. CRE Investors: Watch for Redevelopment Plays
Former big-box office spaces are being repurposed. Medical users, wealth advisors, and litigation firms are moving into former corporate shells. If you own a vacant building, now is the time to reintroduce it to market.
š§ Strategic Moves for Key Audiences:
1031 Buyers: Look for stabilized, leased office assets with long-term law/finance tenants.
Medical Professionals: Legal and wealth advisors often cluster near medical hubsāconsider mixed-use opportunities.
Financial Advisors & CPAs: Your clients may benefit from ownership instead of leasing. Partner with us to find office condos or SBA-financeable buildings.
Commercial Lenders: Feature lending products for these buyers in a co-marketing campaign.
CRE Agents: This is the time to spotlight high-credit law or finance tenants in listings to increase cap rate appeal.
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Ā© 2023-2024 Bill Rapp, Broker Associate, eXp Commercial Viking Enterprise Team