Chicago-based law firm nearly doubles in size with move to Prudential Plaza
Chicago, IL – January 5, 2016 – CBRE recently represented Clark Hill PLC in the lease of 71,813 square feet at 130 E. Randolph Street in Chicago.
Craig Braham of Advocate Commercial Real Estate Advisors, in partnership with Todd Lippman, vice chairman, and Bill Sheehy, senior vice president, of CBRE, represented Clark Hill. William Truszkowski, Matthew Pistorio and Caroline Colnon of The Telos Group represented ownership.
Previously, Clark Hill leased 36,848 square feet at 150 N. Michigan Avenue. The move represents a significant expansion for the firm, which will occupy the new space in late 2016.
“This move is going against the trend for law firms right now, as most are contracting space,” said CBRE’s Lippman. “Clark Hill has experienced so much explosive growth in recent years that the firm needed to expand considerably to meet new demand. This marquis space in one of the city’s most prominent buildings will set the firm up for years to come.”
The new lease is for the top three floors of Prudential Plaza, one of the premier office buildings in Chicago’s East Loop submarket. Ownership has heavily invested in the property to supply extensive amenity upgrades, making it one of the city’s most desirable office locations for tenants. The top floor at Prudential Plaza is the only floor with floor-to-ceiling windows.
Clark Hill is a full-service entrepreneurial legal and business solutions provider.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has approximately 70,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through approximately 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
