"Ernst & Young felt 155 N. Wacker offered very efficientfloor plans," says Rafael Carreira, SVP and project manager withBuck. "It was the right size and the right project for them. It fittheir needs for the next 10 years."

The new tower offers an exterior arcade, garage parking fortenants, state-of-the-art conference centers and a fitness center.Construction, which began in September 2007, is being financed by abank syndicate led by Bank of America and Helaba. The building isowned by a joint venture of the JBC Opportunity Funds II & III,Morgan Stanley's Prime Property Fund and Brijus Properties.

Carreira declined to comment on the lease rate for Ernst &Young's deal, but says asking lease rates in the building rangebetween $26 and $35 per square foot, net. Elaine Melonides,international director, Bill Rogers, managing director, and DanMcCarthy, SVP, all with Jones Lang LaSalle, represented Ernst &Young in the deal. Buck was represented in-house by principal DrewNieman and VP Bill Truszkowski.