Global Law Firm Signs at Warsaw Tower

WARSAW-This emerging Central Europe financial center will soon welcome a new constituent, as international law firm Squire, Sanders & Dempsey has signed on at Rondo 1, a sleek 40-story office tower recently added to the skyline. The firm has been active regionally since the early 1990s, but its Warsaw office will be SS&D’s first in Poland.

SS&D will occupy nearly 20,000 sf on the eighth floor of Rondo 1, an 800,000-sf development acquired last year by a partnership of Australian investor Macquarie and UK-based London & Regional Properties for a price said to exceed $350 million. Despite having just opened in 2005, the sale was the third such event for the tower, reflecting investment interest in Warsaw that has continued to heighten as a result of the solid economy.