(To read more on the net lease market, click here.)
CHICAGO-Law firm Drinker Biddle & Reath LLP is staying inthe Central Loop, but moving about three blocks north to 161 N.Clark St. Equity Office Properties Trust signed the firm to a17,400-sf lease, about twice the space Drinker Biddle & Reathhad at 115 S. LaSalle St.
Drinker Biddle & Reath took the entire 48th floor of the50-story, 1.1-million-sf office building across the street from theDaley Center and James R. Thompson Center. In addition to itslocation, "sweeping views" from the 48th floor were a factor in thelaw firm's decision, says Studley managing director Tiffany Winne.She represented Drinker Biddle & Reath in negotiations withEquity Office Properties leasing director Jack O'Brien, whosecompany owns the building in a joint venture with TIAA-CREF.
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