(1).png)
Savills US Law Firm Activity Report Q1 2026
"While transaction volume moderated in Q1 2026, underlying demand from the legal sector remains strong, reinforcing law firms’ continued commitment to high-quality office space across major U.S. markets."
We pride ourselves on our in-depth commercial real estate research. Our specialist teams offer insight into current market trends and predictions for the future to help you make the right real estate decisions.
(1).png)
"While transaction volume moderated in Q1 2026, underlying demand from the legal sector remains strong, reinforcing law firms’ continued commitment to high-quality office space across major U.S. markets."
(1).png)
"An analysis of the workplace policies of the top 200 Fortune 500 companies"
.png)
"The U.S. office market is entering a new phase, as the strongest leasing quarter since 2019 and tightening fundamentals signal early-stage stabilization, set against a mixed economic backdrop and persistent structural headwinds."
.jpg)
"Vacancy has begun to stabilize following a wave of new deliveries, increasing 60 basis points (bps) year over year"
.jpg)
"New developments continue to break ground while absorption remains positive."
(1).jpg)
"Vacancy decreased by 30 basis points (bps) in the first quarter to 8.9%."
.jpg)
"Average asking rents increased to $10.37 per square foot (psf) in Q1 2026, up from $9.51 psf one year earlier"
.jpg)
"The market’s vacancy rate ended Q1 2026 near historic highs, rising 140 basis points (bps) year over year ending Q1 2026 at 9.2%."
.jpg)
"Tampa Bay’s industrial vacancy rate continues to climb, rising 90 basis points year over year from 8.2% to 9.1%"
.jpg)
"Vacancy increased by 50 basis points (bps) over the last year"