Posts tagged Agreements

Washington, DC (Vocus) 11 October 2010 A ????

In a bold move that the importance of the DC legal market of major U.S. firms signals and its own forecasts of growth, McDermott Will & Emery LLP announced today that a Memorandum of Understanding with Boston Properties to be filled and signed Clark 165 000 square meters of Class A office space on Capitol Hill.

The letter states that McDermott move its offices from 600 13th Street, NW into a new house at 500 North Capitol Street, in November 2012. The new location is McDermott? Legal steps from the Congress of the United States Supreme Court, the Securities and Exchange Commission, the Federal Trade Commission Annex, the Tax Office Court, the Federal Energy Regulatory Commission, the Thurgood Marshall Judicial Center Complex, the Library of Congress and Union Station.

renovated on the corner of North Capitol Street and E Street, NW, McDermott will be the main occupant. The building as “The Building McDermott will be known? Identified with signs clearly identifying the company. Under the agreement, subject to approval by the Commission of Fine’s art is, renovated the building and modernized with state of the art, including the new mechanical and electrical systems, elevators and a completely new glass facade. The building is designed to achieve LEED certification by the U.S. Green Building Council.

â? This confirms McDermott? s strong commitment to the market in Washington, â? said Peter J. Sacripanti, Co-Chairman of McDermott Will & Emery. â? We look at Washington, DC as an important growth market for the company, and we are optimistic about our prospects for growth lies. Our move to 500 North Capitol Street, with its location in the heart of our national government is a perfect example of our strategy.â?

â? We couldn? t be happier with the terms of this agreement and the remarkable spirit of cooperation and flexibility that we have of Clark Company and Boston Properties, get a? added Jeffrey E. Stone, co-chairman of the company. â? We developed a real partnership with an owner and developer in the circulation that are ready to the requirements of the law firm of space in their planning to take over were based. McDermott’s lease? also comes with options to extend, and development opportunities are very clear and compelling.â?

the company significant input into the design of the main features of construction, reflection of a trophy-class building. The building includes a large number? Custom? McDermott features, including a convention center floor with views over the terrace of the Capitol, on the roof with a 360 ° panoramic view of the landscape DC, a fitness center and a square.

Since its opening in 1978 by two lawyers, McDermott? Washington DC has become an office practice, wide range of subjects, including 220 lawyers and 190 employees. Originally designed for representation before authorities, committees of the Congress, the executive, legislative and state and federal courts known, McDermott? Washington, DC lawyers advise clients on matters of mergers and acquisitions to intellectual property litigation and protection, legal issues, benefits, white collar defense and securities of taxes and other areas. The company serves clients in a wide range of industries including, among others, multinational companies, state institutions and politics, the environment, international organizations and high-tech companies.

Ray Ritchey said Boston Properties: “We could not be more honored by the decision and promised a new landmark Capitol Hill, with its excellent reputation and image of McDermott, who create as a lasting tribute to the company Rebecca Clark Owen. Clark and company are :????. Boston Properties owns real estate long term commitment, close relationships with our tenants during their occupancy rate we are pleased to part of this remarkable collaboration, cohesion and Creative are McDermott / Clark / Boston Properties team.â

was Lois Zambo and Steve London of Studley, represented an international consulting firm in real estate. Boston Properties and businesses were represented by Clark Art Santry, Phillip Thomas, Zeke Dodson and Kerri Mulligan Salih-Cassidy Turley. The Clark Construction Group will renovate the building and leasehold land and Gensler is the architect for both phases of the project.

McDermott Will & Emery is an international law firm with a first class diversified business practice. With more than 1,000 lawyers, the company has offices in Boston, Brussels, Chicago, Dusseldorf, Houston, London, Los Angeles, Miami, Milan, Munich, New York, Orange County, Rome, San Diego, Silicon Valley and Washington, DC, and a close strategic alliance with MWE China Law Offices in Shanghai.

www.mwe.com

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