Chicago & Midwest + Office | December 5, 2018

Law Firms Eye Move to New BofA Tower

Illustrating the drawing power of new construction, two prominent law firms are reportedly in discussions to move to 110 North Wacker, the 1.4-million-square-foot office tower now going vertical. Crain’s Chicago Business reported that Morgan Lewis & Bockius and Jones Day both plan to relocate to the 55-story tower when it opens in 2020, although neither has finalized a lease.

Both firms would be relocating from 77 W. Wacker Dr. Their new spaces—80,000 square feet for Morgan Lewis and 140,000 square feet for Jones Day—would be comparable in size to their current ones.

Riverside Investment & Development and The Howard Hughes Corporation broke ground at 110 N. Wacker in June. Bank of America will anchor the property with 500,000 square feet, and Lincoln International has taken 60,000 square feet. Adding the law firms’ tenancies would bring the tower to more than 50% leased about two years before it opens.

Get Chicago News in 150 Words

For comments, questions or concerns, please contact Paul Bubny

Connect

Inside The Story

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).

Order Reprints