"The economic proposition put together by the State of Illinoisand our real estate partners at Jones Lang LaSalle along with thebuilding's amenities and proximity to public transportation optionswere the deciding factors in choosing this location. We conductedan exhaustive search of downtown and suburban properties and wereimpressed with all that 111 East Wacker could offer our employees,"says Carlos Sierra, COO of Combined Insurance.

As part of the deal, Federal Home Loan Bank canceled its leasein the building to give Combined Insurance a full three floors.Jack McKinney Jr. of J.F. McKinney & Associates, whorepresented landlord Parkway Properties, tells GlobeSt.com thecompany plans on renovating and improving the space before movingin this July.

Combined Insurance is moving back to the downtown area afterlooking through both city and suburban properties.