The firm already has about 12,000 sf of office space in the building, but has leased the additional space on a short-term basis in order to conduct the numerous depositions needed for an Enron-related class action lawsuit, Chuck Goldstein, partner with the local office of Cresa Partners tells GlobeSt.com.

According to Goldstein, the firm will move into the space around June 1. While Goldstein handled negotiations for the tenant, Chuck Kemp of the local office of ING Clarion Realty Services represented the building owner, CP/SMRS LP in the deal. Asking rates for the 53-story, 1.1-million-sf class A building hover slightly above $20 per sf.

On April 8, 2002, Lerach filed a class action lawsuit against Enron Corp. in the US District Court in Houston. The suit seeks relief for purchasers of Enron publicly traded equity and debt securities between Oct. 19, 1998 and Nov. 27, 2001. Lerach specializes in class action suits. The 125-lawyer firm also has offices in San Diego, San Francisco, Los Angeles, Washington, DC and Philadelphia.