"It's been a tough market, but it certainly is a step in the right direction," Gillespie tells GlobeSt.com.
The deal is for a little more than three years, Gillespie explains, with the first portion being a sublease involving Price Waterhouse Coopers, the latter portion being a direct lease between Blackstone and its newest tenant.
Deloitte & Touche, which already has space next door at 180 N. Stetson Dr., is making room for an expected import of talent from another accounting firm, beleaguered Andersen.
Although Gillespie declined to reveal specifics, space at the former Standard Oil building is offered at $16 per sf to $24 per sf on a net basis, putting the value of the deal somewhere between $6 million and $9 million. "It was something that worked out for all sides," Gillespie tells GlobeSt.com. "Obviously, we wouldn't have done the deal if we weren't happy with it."
Don Finkelstein was Deloitte & Touche's consultant on the deal while Mark Gunderson of Jones Lang LaSalle, another Aon Center tenant, represented Price Waterhouse Coopers.
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