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Kirkland & Ellis Nears Move to Wolf Point’s Salesforce Tower: Reports

Law firm Kirkland & Ellis is in advanced talks for the largest downtown Chicago office lease in years, a move that would entail a commitment to nearly 600,00 square feet at the under-construction Salesforce Tower at Wolf Point. Crain’s Chicago Business reported that the firm would be joining some of the city’s largest tenants in relocating to new construction.

If the deal is completed, it would mark a major victory for Hines, which is slated to finish the 1.2 million-square-foot Salesforce Tower in 2023. At present, Kirkland’s Chicago offices are at the Irvine Company’s 300 N. LaSalle St., where it occupies nearly half the property. 

The law firm’s lease runs through February 2029, but Kirkland has a termination option it can exercise in 2025 with at least two years’ notice, Crain’s reported.

The Chicago Tribune first reported on the lease discussions earlier Tuesday.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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