Law Firm Takes 70,000 sf at 121 S. Dearborn

The law firm of Holland & Knight LLP has leased 69,400 sf, or about two floors, at Dearborn Center, 131 S. Dearborn St., in downtown Chicago. Holland & Knight is among the top 10 largest law firms in the country, with more than 1,000 attorneys. This transaction represents one of the largest law firm relocations this year. Holland & Knight plans to move into the space in mid-2002 from its current digs at 55 W. Monroe St.

The Chicago office of Julien J. Studley Inc. represented Holland & Knight LLP in the long-term lease. In addition, Studley assisted Holland & Knight with a short-term lease for 23,600 sf at 33 W. Monroe, which will help ameliorate space constraints at the firmÕs current location during the construction of Dearborn Center. Prime Realty Services Inc. represented ownership in the lease at 33 W. Monroe. The building is owned by Prime Group Realty Trust.

The 37-story Dearborn Center is a development of the Prime Group and Beitler Development Co. LLC. Douglas Elliman-Beitler, leasing agents for the property, represented the landlord in the 69,400-sf lease. The property is currently under construction and is scheduled for completion in 2002.