Locally based Adams, Nye specializes in cases involving toxic and chemical exposure, product liability, environmental issues and complex litigation. The law firm is relocating from One Jackson Place (633 Battery St.), where it leases approximately 14,000 sf. The new space at 222 Kearny--which includes exclusive use of the building's roof deck--was formerly occupied by law firm Coblentz, Patch, Duffy & Bass, which recently relocated to the Ferry Building.
Mark Terzian, Jr., managing director at Houston-based Transwestern Commercial Services, and Pat Hubbard, an associate at the company, represented Adams Nye. Rob Dumas of Grubb & Ellis represented the building owner, HCV Pacific Partners, which is a partnership of Randy Verrue and a private investor.
None of the parties involved in the lease would discuss the specifics of the transaction. Local brokers familiar with the deal say the law firm is paying a full-service rate that is in "the mid-$20s per sf." Additionally, local brokers say the firm received a "substantial" tenant improvement allowance.
Dumas tells GlobeSt.com that Coblentz, Patch, Duffy & Bass occupied the top half of the building (50,000 sf) and is paying rent through the end of the month. With Adams, Nye signed on, there is 37,000 sf still available in the building, including the top two floors, though there are leases pending on another 10,000 sf.
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