Law Firms Look for Lease Deals
January 29, 2010
By: Brian Baxter

With the commercial real estate market getting clobbered lately, law firms are looking for deals when it comes to signing new leases.

Following a flurry of law firm office rental news in November and December, sibling publication reported earlier this month that a thaw in credit markets was responsible for an increase in year-end lease signings.   ...

... Also on the lookout for new leases in New York are Winston & Strawn and Dorsey & Whitney. According to reports this month by the New York Observer--owned by real estate scion Jared Kushner--Winston has hired real estate brokerage Studley to search for 250,000 square feet of space in Manhattan. ...

...Troutman Sanders, which completed its merger with DC firm Ross, Dixon & Bell last year, added 36,000 square feet of space to its 16-year lease at 401 9th St. NW to accommodate its new employees. Also taking new space in the nation's capital was Sutherland Asbill & Brennan, which signed a 15-year lease for 156,676 square feet of space at 700 9th St. earlier this month.

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