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PHOENIX-Hagens Berman Sobol Shapiro LLP has become the first tenant to lease space in the 79,750-square-foot landmark Luhrs Building. The law firm is taking the 9,700-square-foot top floor in the historic office building, which is in the midst of a $6-million renovation.

Cushman & Wakefield of Arizona Inc.’s senior director Jerry Jacobs says the Seattle-headquartered law firm signed a seven-year lease for 11 W. Jefferson St. The firm will relocate from 2425 E. Camelback Rd. in Phoenix in February. Jacobs and C&W executive director Larry Downey negotiated the lease.

Jacobs tells GlobeSt.com the building has been gutted to shell condition. The space is quoted at $24 per square foot to $30 per square foot, with tenant improvement dollars based on the deal. He says the building’s owner, Hansji Urban of San Diego, doesn’t have a specific timeline for lease-up, given current market conditions.

“We’ve had some other potential tenants looking at the building, but no other signed leases as yet,” Jacobs says. “I think people see that the windows are boarded up and think the building is closed, but that’s not the case. The windows are boarded just because of the renovation.”

Hansji Urban acquired the 1920s-era Luhrs Building and its neighbor, the 15-story, 163,000-square-foot Luhrs Tower in October 2007 for $28 million. The owner plans to start upgrading the 95%-occupied Luhrs Tower at 45 W. Jefferson St. after the renovation is completed on the 10-story neighbor. Both buildings are listed on the Phoenix Historic Property Register.

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