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Foley & Lardner Promotes Three New Partners

Foley & Lardner Promotes Three New Partners Plus, Endurance Advisory Partners hires a new managing director, SkyBox Datacenters adds a new member to its C-suite, and more. By Kelsey Vanderschoot Published in Business & Economy February 2, 2021 4:26 pm Dallas office partner Foley & Lardner has recently promoted two of its senior counsels and one counsel to Christopher J. Babcock. The promotions are among 19 for the firm nationwide. Christopher Babcock Christopher J. Babcock previously served as a senior counsel, focusing on private equity, corporate governance, and securities matters. In addition, Babcock has represented clients across a broad range of corporate governance and capital market matters, including tender offers, public exchange offers, serving as an advisor to special committees, and representing activists in successful campaigns to change the direction of public companies to name a few. Babcock previously served as an instructor-qualified airborne intelligenc

Jones Lang LaSalle brings on head of diversity and inclusion

Jones Lang LaSalle brings on head of diversity and inclusion Ingrid Jacobs Ingrid Jacobs was named head of diversity and inclusion at real estate manager Jones Lang LaSalle. It is a new position, spokeswoman Gayle Kantro said in an email. Ms. Jacobs, who joined JLL on Jan. 20, is responsible for hiring and developing a diverse workforce for the real estate manager. She was previously chief diversity officer for money manager Eaton Vance and its affiliates, confirmed spokeswoman Robyn Tice. Jessica Kung, chief human resources officer, has taken on the role of interim chief diversity officer following Ms. Jacobs departure last week, Ms. Tice said.

Chicago West Loop office building from New York developer lands loan

With the financing in hand, Vista broke ground this week on a project that will add about 100,000 square feet of offices to the West Loop, a bold move in a central business district that is now awash in vacant, available office space amid the COVID-19 crisis. And it s forging ahead despite little clarity on when companies displaced by the pandemic will return to offices in greater numbers or how much space they ll need. We think there s a strong demand for high-quality, new (office) construction not only before COVID but also as a result of COVID, said Vista Principal Hymie Mishan, who estimated the new building will be completed in mid-2022. We believe that companies are going to look at the future of office space in a post-COVID environment and look at the boutique, class A nature of our building and see some opportunities.

Suburban office vacancy nears record high

Landlords are staring down a lot of competition while companies rethink how much space they need and where it should be after COVID-19 subsides.

The federal government has some big decisions to make about real estate

The pandemic has caused office building vacancies to rise in many markets, in some cases to double-digit percentages. As the country’s largest renter, the federal government will have some big decisions to make about real estate.

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