This article was originally published on Connect Chicago.
Cresa’s Jason Kleiman and Sean Murphy represented Querrey & Harrow in its 13,618-square-foot, long-term lease at 120 N. LaSalle St. The 80-year-old law firm has taken the entire 26th floor with expansion rights. It will relocate from 175 West Jackson when its lease commences in mid-2020.
“120 N. LaSalle offers extremely efficient floorplates which was a main driver of the deal,” said SVP Kleiman. “The building’s financial strength allowed Querrey & Harrow to structure a lease that saves a significant amount of money on a full floor in the high-rise of the building, while creating flexibility for the long-term growth of the firm. This was a true win for all parties.”
Originally built in 1991, the 390,000-square-foot Class A office tower is owned by Denver-based private equity firm Ascentris in partnership with Dallas-based Lincoln Property Company.