Duane Morris has renewed its long-term lease at Duane Morris Plaza, downsizing by 45,000 SF as part of a broader trend of law firms reducing office space. The Philadelphia-based firm will shrink its footprint at the Center City tower from 241,022 SF to 195,757 SF, a 19% reduction, consolidating from seven and a half floors to six.

This follows a 2022 space reduction, bringing the firm’s total cutback to 25% from its original lease. The renewal includes 183,000 SF of office space and the 12,000 SF Morris’ Café. Building owner Oaktree Capital Management is upgrading the lobby and systems, while Duane Morris plans a full renovation of its space, set to begin in the fall and take 18 months. The firm’s previous lease was set to expire in March 2026.

*Article courtesy of Philadelphia Business Journal

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