TITLE

Soft property market entices law firms to improve their lot

AUTHOR(S)
O'Connor, Joanne
PUB. DATE
April 2005
SOURCE
Lawyer;4/25/2005, Vol. 19 Issue 16, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that law firms continued to ride the property-market wave in the first quarter of 2005, with a raft of firms taking advantage of the soft market to secure new space at bargain rates. According to research by Jones Lang LaSalle Inc., law firms accounted for 10 of the 62 new lettings in the first quarter, with five firms signing significant deals for more than 20,000sq ft in space. After a protracted seven years research that at times bordered on the comical, Dechert finally secured 55,000 square feet of space at the brand new Times Square site.
ACCESSION #
16918416

 

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