News: Brokerage

Rotante and Goodman of Colliers International arrange 8,356 sublease on behalf of LeClairRyan

Colliers International has arranged a 12,332 s/f sublease at 830 Third Ave., with law firm LeClairRyan subletting its entire fifth floor space to Law Firm Suites. LeClairRyan's New York City office is located at 885 Third Ave. It acquired this space as part of a merger in 2011, resulting in natural redundancies. "LeClairRyan has continued to grow in New York City, but still needed to shed some excess space in secondary locations," said Ted Rotante, who along with colleague Robert Goodman, both executive managing directors with Colliers International, arranged the sublease on behalf of LeClairRyan. The Colliers team previously arranged the sublet of LeClairRyan's 8,356 s/f space in the building on the 9th floor. Rotante added that Law Firm Suites, an office suites business catering to law firms, was looking to expand its presence into Midtown, creating synergy between the companies. Neal Lerner, of Neal J. Lerner & Co., represented Law Firm Suites in the sublease. Founded in 1988, LeClairRyan now has 643 employees across 21 offices in California, Colorado, Connecticut, Maryland, Massachusetts, Michigan, New Jersey, New York, Pennsylvania, Virginia, and Washington, D.C.
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