Simpson Thacher Renews Manhattan HQ Lease Through 2033

Law360, New York (April 8, 2013, 7:20 PM EDT) -- Global law firm Simpson Thacher & Bartlett LLP has reached an agreement with Houston-based property owner Hines Interests LP to renew the lease for its headquarters at a Hines-owned building in midtown Manhattan through 2033, Hines said Monday.

Simpson Thacher agreed to a 20-year extension of its current lease, which comprises 595,000 square feet at 425 Lexington Ave. in midtown. The law firm occupies 26 floors of the 31-story building.

The lease deal is a boon for Hines, which put the 750,000-square-foot office tower at 425...
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