CHICAGO—The ownership of 222 N. LaSalle recently launched an effort to make the 26-story tower into a destination for technology, advertising, media and information companies, but it has also made sure to secure Vedder Price PC, the anchor tenant that has occupied space there since 1988. In one of the largest downtown leases in Chicago this year, the law firm just signed a long-term extension for 163,286 square feet in the historic riverfront building on floors 22 to 26 and the penthouse.
Joe Learner and Robert Sevim of Savills Studley's Chicago office negotiated the lease agreement on behalf of Vedder Price. Joe Gordon and Greg Tait of Tishman Speyer represented the landlord.
Savills Studley officials say they were able to negotiate terms for Vedder Price that will allow for a renovation of its space to accommodate its Chicago practice groups and the firm's global operations staff.
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Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
