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McDermott Signs 10-year Lease for Expansion

SAN DIEGO, CA—The deal was worth $14 million, according to an industry source, with the international law firm will taking one-third of the 75,000-sf building.

By Don Jergler | Updated on August 01, 2008

SAN DIEGO, CA – Law firm McDermott Will & Emery is relocating its San Diego office to 11682 El Camino Real in the Del Mar Heights submarket to expand its space nearly 40% by taking 25,044 sf in 10-year lease deal, according to Studley, the firm’s real estate advisor.

The deal was worth $14 million, according to an industry source, and it starts Dec. 1, when the international law firm will occupy one-third of the 75,000-sf building, taking the entire fourth and part of the third floors.

McDermott was represented by Michael Labelle, senior managing director, and Christina Skwat, associate director, in Studley’s San Diego office.The firm had been occupying about 15,000 sf in the La Jolla-UTC submarket, but “they need more space,” Labelle says. “They also moved to increase their visibility, to be closer to their core group of clientele. Virtually every major firm in San Diego has a presence in the Del Mar Heights Torrey Hills area.”

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