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Paramount Group Signs Law Firm Wilson Sonsini to 119K-SF Lease
Paramount Group, Inc. said Monday it had signed a 16.5-year, 119,000 square foot lease with law firm Wilson Sonsini Goodrich & Rosati at 31 W. 52nd St., the office REIT’s 768,000 square-foot office building located in Midtown Manhattan.
Wilson Sonsini will occupy floors 5 through 8, in space currently leased to Clifford Chance LLP that is scheduled to expire in June 2024, and floor 9, which is currently vacant. With the signing of the lease, Paramount said it has further expanded its relationship with Wilson Sonsini and has meaningfully de-risked its largest 2024 lease expiration.
“We are delighted to welcome Wilson Sonsini to 31 W. 52nd St. as they significantly expand their presence in New York,” said Peter Brindley, EVP, head of Real Estate. “Wilson Sonsini recognizes the importance of providing their employees an exceptional, amenity-rich work environment and we are proud to deliver a real estate solution addressing all of their objectives.”
- ◦Lease
