The firm considered several relocation options before decidingto sign a long-term renewal, according to Rick Schuham, executivevice president at Studley, who represented the firm along with JohnGoodman, executive vice president, and Eric Feinberg, associatedirector.

Equity Office is the current owner of the 677,222-sf site. BrianAtkinson, leasing representative for Equity, tells GlobeSt.com that"retaining tenants is always important to a landlord and we feelthat we're competitive with other class B buildings in the WestLoop."

"There are still many top-tier law firms in the Downtown marketthat are well served by older buildings, both from a cost andquality standpoint," Schuham says. "The final renewal packageyielded a competitive rental rate and the ability to renovate Nisen& Elliot's space, without incurring the operational andfinancial costs that relocation would require." He tellsGlobeSt.com that the renovation could take about 90 days.

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