If you are looking for the law firm Kirkland & Ellis LLP in 2039, you can set your GPS to 601 Lexington Ave. here.
The law firm has signed a lease extension that also involves some restructuring of space at the 59-story 601 Lexington Ave. office tower. The lease extension, which begins at the end of its current lease term in 2019, will keep Kirkland & Ellis in more than 400,000 square feet of space at the building until 2039. The long-term lease extension deal was announced by Savills Studley, which brokered the transaction.
The brokerage firm states that the transaction provides the law firm with greater efficiency and a modern workplace environment, while also offering it flexibility in future years to meet its changing space requirements.Law Firm Signs 20-Year Extension at 601 Lexington Ave.
Related StoriesLaw Firm Employment and Space Trends
National Office Sector Report (Q3 2014)