The law firm of Deasey, Mahoney & Bender Ltd. has signed along-term lease for 20,186 sf at 1601 Market St. and will relocatethere from its current quarters at 1800 JFK Blvd. this August.CitiGroup Global Markets Inc., better known as Smith Barney, hasinked a long-term renewal at One Liberty Place. It will relocatefrom within the building to the entire 42nd and 43rd floors thisNovember, following fit-out of the new space, which begins nextmonth.

Chicago-based Transwestern Investment Co. acquired the 36-story,681,000-sf 1601 Market St. property in a two-building portfoliofrom Equity Office Properties in November 2004. The other buildingis 1700 Market St., and Transwestern paid $172.2 million for itsshare of 1.5-million-sf portfolio in which Chicago-based Equityretained a minority stake.

It undertook significant upgrades at the 1601 location,including a lobby renovation and security system enhancement, andhanded lease-up of both buildings to the local office of Grubb& Ellis. Craig Scheuerle, Jack Soloff and Matthew Guerrieri ofGrubb negotiated the law firm's transaction with Joe Wolff of thelocal office of CB Richard Ellis, who represented the tenant.Guerrieri tells GlobeSt.com the building is now 93% occupied.