January 24, 2020
Global law firm Shearman & Sterling signed a new, 20-year lease for 338,000 square feet at Boston Properties’ (BXP) 599 Lexington Ave. in Midtown Manhattan. The deal was an early renewal of Shearman & Sterling’s existing lease, which was scheduled to expire in August 2022.
Following the renewal, the law firm is set to create an enhanced state-of-the-art office space for both its clients and employees.
“We were founded in New York 145 years ago, and the firm has thrived in its Midtown location over the past 30 years,” said Sherman & Sterling partner David Beveridge. “We look forward to creating a premier space that reflects our brand, provides our clients with an elevated experience and supports our continued growth strategy.”
CBRE’s Lewis Miller, Andrew Sussman and Brenden Herlihy represented the tenant. BXP was represented in-house.
Photo courtesy of Boston Properties.
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