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Unico Properties has signed Lane Powell to a long-term lease renewal for space in a 24-story high-rise in downtown Portland.

The law firm’s renewal is for 63,000 square feet at Moda Tower, which was completed in 1998. Unico and partner American Realty Advisors recently undertook a $5 million renovation project, which included a lobby remodel and new amenities.

The building, at 601 S.W. Second Ave., has 398,412 square feet of commercial space on a full block bounded by Southwest Morrison and Alder streets, and Second and Third avenues. Unico and ARA purchased the property for $176.25 million in 2018. Lane Powell is the building’s second-largest tenant after Moda Health.

鈥淭here’s no denying that COVID-19 has created a challenging environment, but it’s exciting to see a major law firm double down on its commitment to downtown Portland, and this move signals the resilience of downtown Portland and a bright future coming out of the pandemic,鈥� Charlie Floberg, Unico Properties’ director and market leader in Portland, stated in a news release.

New amenities at the building include a gym, a tenant lounge with Xbox 360 and beer kegs and shuffleboard, a 65-person conference room with video conferencing technology, and a 1,800-square-foot outdoor terrace.