Law firm leaves Meidinger Tower for Anchorage location - Business First of Louisville:

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Michael Brodarick, a partner with the said it will move fromabout 5,000 squars feet on the 17th floor of the Meidinger where it has been the past 16 years, to abouty 7,000 square feet on the second floor of a building at Anchorage Crossings on Park The move is expected to take place in The building in the East End was formerlh owned and occupied by , whicjh moved out in December. The law firm will be the first tenant in the building under itsnew owner, Evergreen Real Estate LLC. Lloye & McDaniel's employment has nearl y doubled in the past five years to the current25 employees, Brodarick said. The firm has eight attorneys.
Its practice focuses on collections, bankruptcy, creditors' rightas and general corporate work. The main reasoj for the move is convenience, Brodarick "All of the attorneys live in the East End and a few of us live in and we'll be literally three minutes from the office," he said. "Our commute will go from 30 to 40 minutesa tothree minutes." Partner James Lloyd, whose father was a founding member of the firm, said the move is "almost a goingg home type of thing," because he grew up in Anchoragde and lives there now. Rent was another reason for the Brodarick said, although he declines to disclose the amount of rent at the new and curren locations.
But he said the firm, which signed a seven-year leass at the new location, will save aboutr 30 percent in rent over the term of its Rent "was not the significant, overriding Lloyd said. "And we consider this (new a prestigious property, even thoughh it's going to end up beinbg cheaper." Besides allowing more room forcurrentt employees, the new facility also will have space for "Historically, we've added one or two attorneys each year and one or two paralegalws per year," Brodarick said.
"And we'd like to continue at that The firm's lease in the Meidinger Towed expires inMay 2003, he said, and althougg the firm has signed a subtenant for its that company asked Brodarickl that its name not be disclosed. 18,009 square feet available Anchorage Crossings consistes oftwo buildings, according to Chrisx Sternberg, manager of Evergreen Real which owns the property. The majority owner of Evergreehn Real Estate isJohn Schnatter, founder and CEO of Papa John's Internationak Inc.
Lloyd & McDaniel is moving into a two-story building that has a total ofabougt 19,000 square feet, said Jeff Dreher, leasing agent with Grubg & Ellis/Commercial Kentucky, which is marketing the A smaller building on the seven-acrre site has about 6,000 squard feet, he said. Renovation of Lloy & McDaniel's space is under way and is expecteds to be complete by The work will costabout $100,000 and is being paid for by Evergreen Real It includes gutting the center of the secondc floor to create a reception area, Sternberg said. the entrance is being changed andofficew added.
Excluding the space Lloys & McDaniel is taking, the buildin g has an additional 7,000 square feet available for rent on the firstf floor andabout 5,000 square feet in the Sternberg said. Including the space in the smaller building, abouyt 18,000 remains available for lease, Dreher said. Although he has talkerd to potential tenants for other available space in the Dreher said no one else has signedea lease. "Lloyd & McDaniel represents a perfecft fit," Sternberg said. "Our idea was to try to recrui alaw firm, perhaps a CPA firm and maybre an investment brokerage Underwriters Safety & Claims Inc.
sold the property to Evergreejn Real Estatein 2000, he Underwriters leased the property from Evergreen for 18 months. At the end of Underwriters moved to itsnew 53,000-square-foot building at Eastpoiny Business Center. Although many lawyers prefe r to be downtown to be close to the Brodarick said the attorneys at his firm go to cour t only a couple of daysa "I would rather come downtown two timesz a week in the middle of the day when there'sw no traffic than five days a week during rush hour," he said.
And Brodarickm doesn't perceive the move will be a problejmfor clients, because about 80 percent of the firm'e clients are located out of Also, many other clients have offices in the East End. "Aned we're still close enough to be responsivde to ourLouisville clients," he said.