Lou Christopher

Washington, DC–A new CBRE's report finds DC law firms have beenchoosing relocation over lease renewals this year.

“Relocation remains a clear preference for many large firms inthe legal sector as it provides the best opportunity to bothrebrand and right-size,” said Lou Christopher, Vice Chairman ofCBRE. “As these firms move to brand new, higher-quality space,they're able to shrink their footprints by an average of 20%. Alease renewal, which may include renovations to upgrade the space,can be disruptive to employees and the work environment.”

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