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Law Firm Ropes Off Full Floor in Trophy

HOUSTON-McDermott Will & Emery will move in late summer to Wells Fargo Plaza's upper bank after working in temp space in the CBD high rise. Extra parking is on the list of perks.

By Connie Gore | Updated on July 11, 2008

HOUSTON-McDermott Will & Emery LLP will move to the 39th floor of Wells Fargo Plaza in late August or early September, inking a 25,580-sf, full-floor lease after months of occupying temporary space in the CBD trophy. Talks have produced a lease with at least five years on the term.

Mark O’Donnell, executive vice president for Studley’s Houston team, tells GlobeSt.com that the top-ranked law firm had five class A building options in the CBD when it opened the new shop on the 13th floor of Wells Fargo Plaza at 1000 Louisiana St. and jumped into talks for its 39th floor. Finish-out is underway. “It’s pretty fabulous,” he says about the interior design by Houston-based Gensler.

The deal points are off limits, but O’Donnell confides the three-month round of talks earned 30 parking spaces, more than the norm, as part of the perks. He says parking has been such an issue in the past that the Wells Fargo Plaza has brought on a valet service to remedy the problem and build in incentive for new tenants. According to O’Donnell the 71-story Wells Fargo Plaza, totaling 1.8 million sf, has the highest vacancy of the Downtown class A buildings.

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