Leading International Law Firm’s Move to Trophy-Class Office Building in Chicago’s West Loop Accommodates Strong Midwest Market Growth

CHICAGO (May 20, 2019)–Perkins Coie has signed a multi-year lease for 100,000 square feet of office space at 110 North Wacker Drive, a trophy-class building under construction in downtown Chicago. Perkins Coie will occupy three and a half floors of the building beginning in late 2021.

With West Coast roots and a reputation for serving many of the most prominent names in the technology industry, Perkins Coie entered the Chicago market in 2002 with three lawyers and has since grown to 110 lawyers and 110 professional staff.

“Since entering the market nearly 20 years ago, our Chicago office has experienced a tremendous amount of momentum and success,” said Rick Sevcik, Managing Partner of the Chicago office. “Our move to 110 North Wacker embodies our continued commitment and investment in the region as we position ourselves to meet the demands of our growing and modern workforce in Chicago with a new first-class, state-of-the-art office.”

The new 55-story, Class-A+ building will be Chicago’s tallest commercial building built in three decades. Todd Lippman, Kyle Kamin and Steve Bay of CBRE represented Perkins Coie on the deal, while Drew Nieman of Riverside Investment and Development and Sara Spicklemire of CBRE represented the developers of the building. “The sustained level of tenant interest and speed of leasing at 110 North Wacker is about as good as it gets,” added Drew Nieman. “We are seeing tenants expedite their search specifically to come after 110 North Wacker.”

“It is with great pleasure that we welcome Perkins Coie as the newest tenant to join our premier office building in Chicago,” said Paul Layne, President of the Central Region for The Howard Hughes Corporation, owner, manager and developer of commercial real estate throughout the United States. “Named for 17 years among Fortune’s 100 Best Companies to Work For®, Perkins Coie will have a highly appealing, amenity-rich setting at a prominent riverfront location on Wacker Drive for its new Chicago office.”

The new lease brings the building to nearly 60% leased–continuing the strong leasing momentum that began with the signing of Bank of America as the lead anchor tenant in 2017. The Class A+ tower continues to see outstanding interest and demand from tenants seeking a wide range of office spaces in advance of a Q4 2020 opening.

Perkins Coie is a leading international law firm that is known for providing high-value, strategic solutions and extraordinary client service on matters vital to our clients’ success. With more than 1,200 lawyers in offices across the United States and Asia, we provide a full array of corporate, commercial litigation, intellectual property, and regulatory legal advice to a broad range of clients, including many of the world’s most innovative companies and industry leaders as well as public and not-for-profit organizations.

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