Monday, July 13, 2009

Polsinelli Shughart Law Firm Signs New Office Lease for total 29,000 SF in Chicago

CHICAGO, IL (July 13) The Chicago office of national law firm Polsinelli Shughart PC has signed a 15-year lease for space in the 161 N. Clark Building (top left photo) , also known as the Chicago Title and Trust Building.

The firm will relocate in the fall to accommodate its growing Chicago office, which has expanded to 30 attorneys. The 161 N. Clark Building is hailed for its fabulous views of Lake Michigan, modern architecture, efficiency and proximity to the Cook County Courthouse, city, county and state office buildings.
“This is a premiere building in a great location with extraordinary amenities and spectacular views,”said the Managing Director/Chicago Anthony J. Nasharr (top right photo).

“The new location will accommodate our current and anticipated growth. We are very excited about this move and what it means for our attorneys, staff and clients.”

Polsinelli Shughart will occupy the entire 42nd floor and part of the 41st floor. The new location doubles the amount of space for Polsinelli Shughart to 29,000 square feet from 15,000 at its current location at Two Prudential Plaza, (bottom right photo) 180 N. Stetson Avenue and will allow for 58 offices.

The firm has added seven shareholders since February 1, 2009 and includes a growing national healthcare practice, along with financial services, intellectual property/patents, and commercial litigation practices.

“Polsinelli Shughart is a fast-growing tenant in this market,” said Senior Director Joseph A. Gordon, Tishman Speyer, a global real estate owner, developer and investment company. “We are very pleased that they selected 161 North Clark as their Chicago corporate address.”

The Chicago office of Polsinelli Shughart had been exploring its options to relocate and expand because of the ongoing growth the firm is experiencing in Chicago and elsewhere.
“It is important to Polsinelli Shughart in these unique economic times to have a financially sound landlord, and we found that in Tishman Speyer,”said Executive Vice President Tom Tunnicliff, Grubb & Ellis Company, a leading commercial real estate and investment firm.

“This is a great Class A building, and we found it at an opportune time. We were able to take advantage of the aggressive economics being offered in the market.”

Polsinelli Shughart has hired Chicago architectural firm Whitney Architects to transform the raw space into a premiere office location for attorneys, staff and clients.

“We welcome the opportunity to work with the Polsinelli Shughart law firm and their move to 161 N. Clark Building,”said President John W. Burjek, A.I.A.,Whitney Architects.

“This is a marvelous space for a law firm with close proximity to the Dirksen Building and Daley Plaza. We look forward to turning the 41st and 42nd floors into a premiere space for the Polsinelli Shughart law firm.”

With more than 480 attorneys, Polsinelli Shughart PC (www.polsinelli.com) is a national law firm that is a recognized leader in the areas of business
litigation, financial services, real estate, business law, construction, life sciences and health care.

Serving corporate, institutional and individual clients regionally, nationally and worldwide, Polsinelli Shughart is known for successfully applying forward-thinking strategies for both
straightforward and complex legal matters.

The firm has 13 offices in Phoenix, Arizona; Denver, Colorado; Wilmington, Delaware; Chicago and Edwardsville, Illinois; Overland Park and Topeka, Kansas; Kansas City, St. Louis, Springfield and St. Joseph, Missouri; New York City; and Washington, D.C.


Contact: Heather McMichael, 816-395-0618, hmcmichael@polsinelli.com

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