Ropes & Gray is banking on growing in San Francisco. The firm is doubling its office space, moving from One Embarcadero to Three Embarcadero early next year.
The lease, signed last week, covers 50,000 square feet on two floors.
Ropes & Gray has 37 attorneys in the San Francisco office, which was established in 2001. Ropes & Gray’s Silicon Valley office houses 25 attorneys.
Orrick is not moving in San Francisco, but it is in other markets, in ways we thought were interesting.
In London this week, the firm is moving its office to a new part of town called “Cheapside.” Apparently, the Brits find nothing objectionable about the word.
Also, in New York next April, the firm is moving from 666 Fifth Avenue to the Black Rock building where Wachtell Lipton and CBS are headquartered. The firm is saving money with the move, with outgoing tenant UBS paying for renovations, and a $70 per square-foot-rate that’s cheaper than what it was paying on its 15-year-old lease on Fifth Avenue, according to the Wall Street Journal.
— Amanda Royal
Cheapside is hardly new, objectionable or "cheap". It is a historic market district dating back at least 1000 years.
Posted by: ML Torpey | November 18, 2009 at 10:25 AM