What's Happening?
WilmerHale, a prominent law firm, is expanding its office space in downtown Denver due to significant growth. The firm, which initially opened its Denver office with just two attorneys 12 years ago, now has 40 attorneys and occupies a full floor at 1225 17th St. To accommodate its growth, WilmerHale has leased an additional half floor, increasing its total space to 35,000 square feet. The expansion is part of a $1.2 million build-out. Mindy Sooter, the partner-in-charge, noted that the firm has been consistently expanding since its inception in Denver and anticipates continued growth. The building, owned by Lone Star Funds, is also set for renovations, which include updates to the ground floor, outdoor plaza, and third floor.
Why It's Important?
The expansion of
WilmerHale's office space in Denver highlights the firm's robust growth and the increasing demand for legal services in the region. This move not only signifies the firm's success but also reflects the broader economic vitality of Denver as a hub for business and legal activities. The decision to expand within the same building suggests a strategic choice to maintain a central location, which is beneficial for both clients and employees. The planned renovations by Lone Star Funds could further enhance the building's appeal, potentially attracting more businesses to the area. This development underscores the dynamic nature of the legal industry and its intersection with business and technology sectors.
What's Next?
As WilmerHale continues to grow, the firm may further expand its presence in Denver or other locations. The ongoing renovations by Lone Star Funds could lead to increased interest from other businesses seeking modern office spaces in a prime location. Additionally, the firm's growth trajectory may prompt it to hire more attorneys and staff, contributing to job creation in the region. Stakeholders, including clients and employees, are likely to benefit from the enhanced facilities and services. The firm's expansion strategy may also influence other law firms to consider similar growth opportunities in Denver.
