Baker Donelson Renews Lease At Republic Centre

Thursday, February 20, 2014
Baker Donelson, the state's largest law firm, has entered into a multi-year agreement to renew the lease for its Chattanooga office space in Republic Centre. 

As part of the renewal, Baker Donelson will modernize and renovate its existing 37,440 square feet of office space at Republic Centre, which is the tallest building in Chattanooga's central business district and is managed by Jim Berry Company.  The renovated office space will include a state-of-the-art conference center and will accommodate at least 55 attorneys, versus the current capacity of 43 attorneys, without adding any additional square footage.
The firm also obtained certain building signage rights under the agreement.

"Our goal was to optimize the utility of the office space and allow for growth while decreasing the amount of square footage per attorney and improving overall financial performance. We were able to achieve that and more," said Russell W. Gray, managing shareholder of Baker Donelson's Chattanooga office and a member of the firm's board of directors. "We're also excited that the added building signage will make the Baker Donelson presence a visible part of the city's central business district, and we look forward to continuing to call Republic Centre our home."

Steve Hunt, managing partner with Berry & Hunt, which represented the landlord in the lease transaction said, "We are thrilled with Baker Donelson's decision to continue to call Republic Centre home.  We strive to be a true business partner with our tenants, and this new, multi-year lease agreement with Baker Donelson is a great testament to our past relationship and future commitment. We look forward to continuing our service to this prestigious law firm as we have for the past 22 years."

To achieve greater efficiencies, Baker Donelson will decrease the size of its law library, downsize internal records rooms, remove internal staircases and adjust individual offices to a more standard and flexible size. Additional improvements will include upgraded lighting, restrooms and common areas. Baker Donelson worked with the corporate interior design firm of Sorci & Swords Design on space analysis, layout and design.

Larry Jensen, SIOR, president and CEO of Cushman & Wakefield/Commercial Advisors (CA), and Matt Weathersby, SIOR, CCIM, principal at CA, represented Baker Donelson on the lease extension.

"We are proud to have been a part of the team to achieve this lease renewal for Baker Donelson's Chattanooga office," said Mr. Jensen. "By making the most of the existing space while allowing for future growth, this agreement ensures Baker Donelson will continue to be a vital part of Chattanooga's central business district."

Real Estate Transfers For Aug. 27-Sept. 2

NOTICE: The Hamilton County Register’s Office did not publish this data. All information in the Register’s Office is public information as set out in T.C.A. 10-7-503. For questions regarding this report, please call Chattanoogan.com at 423 266-2325. GI numbers, listed when street addresses are not available, refer to the location of transactions (book number and page number) ... (click for more)

THDA Touts Greener Rules For Construction Tax Credits

The  Tennessee Housing Development Agency plans to enact stronger "green" energy requirements for new multifamily rental properties that hope to qualify for federal tax credits.   Under the proposed new rules, developers can earn points on their Low Income Housing Tax Credit (LIHTC) application if the property qualifies for full Enterprise Green Communities certification. ... (click for more)

Crowd Packs Lindsey Street Hall For Presidential Candidate Rubio

A Chattanooga crowd packed the Lindsey Street Hall for presidential candidate Marco Rubio on Thursday afternoon. Former Congressman Zach Wamp, the statewide Rubio chairman, helped build the frenzy with a spirited introduction. "I believe in him 100 percent," he said of the 44-year-old junior Florida senator. The candidate stepped onto the stage of the former church just after ... (click for more)

Mississippi Couple Injured In Tragic Wreck At Ooltewah Exit Asking $1.5 Million In Damages

A Mississippi couple who said they suffered severe injuries in the June 25 wreck at the Ooltewah exit of I-75 in which six people were killed are suing for $1.5 million. John and Nancy Stanley, of Braxton, Miss., filed suit in Federal Court in Chattanooga. They are suing the driver of the truck that plowed into eight vehicles, Benjamin Brewer, as well as the owner of the truck, ... (click for more)

Who's Responsible For East Ridge's Stadium? - And Response (2)

There just can be no excuse for East Ridge High School's stadium being in such dangerous condition that it has been condemned.   Where is responsible for this? I know there are a few other stadiums like this as well. And there is no excuse for this.  Building new and beautiful schools, state of the art technology. Top athletic facilities as well. Yet, East Ridge ... (click for more)

Roy Exum: Every Child Must Watch This

In the course of my day, I read different websites, am sent all kinds of neat videos and I love the jokes I get. But when I logged onto my ever-bulging email account Thursday morning, I happened across the scariest, most terrifying video I have ever watched. There is a website I check called “Atchuup” that boasts “cool stories daily.” Some are pretty good but this one nearly knocked ... (click for more)