Commercial Observer
Law Firm Kirkland & Ellis Grows to 257K SF at Elecor Properties’ 900 Third Avenue

Kirkland, which serves clients in private equity and corporate transactions, originally leased 131,054 square feet at 900 Third Avenue in April 2025, CO previously reported. After a subsequent expansion at the building last year, this most recent deal will give the firm a total footprint of 257,135 square feet. The upsized office space sits around the corner from Kirkland’s 520,000-square-foot office at BXP’s 601 Lexington Avenue, the lease for which runs until 2039. CBRE’s Ken Rapp and Andrew Sussman represented the tenant in the expansion.
A Cushman & Wakefield leasing team led by John Cefaly exclusively represents 900 Third Avenue, according to the building’s website. The office tower was last valued at $210 million, per the sale of a 45 percent ownership stake in early 2025. Other tenants in the building include construction advisory firm Lehrer Cumming and employment and labor law firm Littler.
Law firm office expansions across U.S. markets outpaced contractions in the first quarter of the year, according to Savills, with nearly 45 percent of renewal and relocation transactions yielding larger footprints. Kirkland’s expansion far exceeded the market’s average expansion of 13,199 square feet. Gibson Dunn’s 361,569-square-foot renewal at 200 Park Avenue led law firm leasing volume in the first quarter, the total of which moderated from prior quarters to 1.4 million square feet.
Spokespeople for Kirkland, CBRE and C&W did not immediately respond to requests for comment.