Perkins Coie Signs Lease for New Austin Office at 405 Colorado Street Amid Continued Texas Growth

AUSTIN (June 21, 2021)—Perkins Coie and Brandywine Realty Trust announced today that the leading international law firm has signed a multiyear lease for over 18,000 square feet of state-of-the-art office space at 405 Colorado Street, a new trophy class office building in downtown Austin. Perkins Coie will occupy the 17th floor of the building beginning in early 2022 amid a continued expansion of its Texas operations.

With a reputation for serving many of the most prominent names in the global technology industry, Perkins Coie's presence in Austin has quickly grown to 16 lawyers and nine professional staff since entering the Austin market in February of 2020 with three lawyers.

"Austin is a well-known and growing hub for the technology sector and the Western District of Texas is now one of the most active patent litigation forums in the country. Our successful growth in the market reflects our strong capabilities and tech-focused practices," said Jose Villarreal, Perkins Coie's Austin office managing partner and a patent litigation and trial attorney. "Our strength in providing effective legal counsel to clients across the technology industry in corporate, transactional, and litigation matters positions us well amid the expected growth of Austin's economy in the coming years."

The new 25-story 405 Colorado Street building is a Class-A building located in downtown Austin. Stephen Bay, Patrick Moody, Gregg Pasternack, and Marc Vanderslice of CBRE represented Perkins Coie on the deal, while Troy Holme, Casey Ford, and Katie Ekstrom of CBRE represented Brandywine Realty Trust, the building's developers.

"We're delighted to welcome Perkins Coie to their new home at 405 Colorado. We designed the building to serve the needs of forward-thinking companies who are not only looking for innovative and tech-forward workspaces, but for those who value diverse work-lifestyle environments throughout the building—with talent experience top of mind. With its extensive list of workplace accolades, Perkins Coie certainly fits this profile," said Bill Redd, EVP & senior managing director at Brandywine Realty Trust.

Perkins Coie ranked at 23 on Fortune's "100 Best Companies to Work For®" for 2021 as one of America's leading employers and workplaces. Perkins Coie has been included in Working Mother's list of "Best Law Firms for Women" 12 times and was recognized by Microsoft as the 2020 "Top Performer" in its Law Firm Diversity Program. The firm also achieved Mansfield 3.0 Certification Plus from Diversity Lab in 2020, which measures how leading law firms have affirmatively considered women, attorneys of color, LGBTQ+ attorneys, and attorneys with disabilities for recruitment, equity partner promotions, and management positions among other benchmarks.