Law firm Seyfarth Shaw LLP is relocating its Chicago offices to Willis Tower and committing to approximately 200,000 square feet of office space for a long-term lease.
“Given the rapidly evolving needs of today’s law firms, we worked closely with the Seyfarth Shaw team to structure a lease that provides ultimate flexibility for future space needs, on floor plates that allow for optimal collaboration and efficiency,” said Mike Kazmierczak, senior vice president of U.S. Equities Asset Management, which manages and leases the building.
“Willis Tower presents a unique opportunity to align our office footprint in Chicago with the innovative needs of our lawyers and staff,” said Peter Miller, managing partner of Seyfarth Shaw. “We’re excited to move into such an iconic building, and our new space will allow us to reimagine and design state-of-the-art facilities in order to best serve our clients not just in Chicago, but across the country and around the globe.”
“This was an in-depth analysis of the Chicago downtown office market on behalf of Seyfarth Shaw, where we evaluated all possible existing and planned buildings that could potentially meet the firm’s business goals, real estate needs and long-term vision for the firm,” added Melissa Copley, managing partner of Mohr Partners’ downtown Chicago office, who led the project for Seyfarth.
With the addition of Seyfarth to its roster of tenants, Willis Tower has exceeded 90 percent occupancy and gained stability with long-term leases from nearly 70 percent of its tenant base.
Seyfarth was represented by Copley during the transaction, who worked closely with Seyfarth’s Kelly Bufton, Carl Russo and Tim Dahlman. Kazmierczak and Derek Rolison of U.S. Equities Asset Management represented Willis Tower on behalf of the building’s ownership, 233 S. Wacker Drive LLC.
