DLA Piper Leases 175 KSF of Office Space in Chicago’s West Loop
- Mar 28, 2014
DLA Piper, a global law firm with 4,200 lawyers, has signed an approximately 175,000-square-foot lease office space at River Point in Chicago’s West Loop area and will relocate its Chicago office.
“We are excited to move into this state-of-the-art building in a great location on the Chicago River,” David Mendelsohn, managing partner of DLA Piper’s Chicago office, said in a company statement. “Our new offices will reflect the firm’s global brand and provide a highly efficient, modern environment in which to serve our clients.”
The law firm will take floors 9-16 in River Point and will move to its new space in early 2017.
Developed by Hines with co-investor Ivanhoé Cambridge, River Point is a 52-story, 1-million-square-foot building with a 1.5-acre public park and landscaped river walk, retail shops, a fitness center and extraordinary views of the Chicago River. The office space is located at 444 W. Lake St.
“While we are developing a modern world-class office project, it is the tenants that truly make the building great,” Greg Van Schaack, Hines’ senior managing director overseeing the River Point project, said in the statement. “Adding one of the largest law firms in the world to our tenant mix is further evidence of how River Point will be viewed in Chicago.”
According to Arthur Lloyd, executive vice president, global investments at Ivanhoé Cambridge, the building has been designed to achieve LEED Gold and will offer world-class architecture and first-class amenities.
“We congratulate DLA Piper on choosing River Point, which promises to be a real game- changer in Chicago’s West Loop,” he said. “Offering ultra-modern facilities and a fantastic location, its leasing success is now setting the trend in top-quality office space in Chicago.”
DLA Piper was represented in the transaction by Steve Stratton, Bill Rogers, Rob Copito and Phil Leibow of JLL, and Mark Robbins of Cushman & Wakefield.
Building ownership was represented by Greg Van Schaack, Tom D’Arcy, Jim Walsh and Laura Hines of Hines.