X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CHICAGO-The recently renovated 175 W. Jackson Blvd. has lured the US Securities and Exchange Commission away from the Citicorp Center at 500 W. Madison St. The agency has leased 67,687 sf in the former Insurance Exchange Building, which recently underwent an $80-million renovation that turned it from a class C to a class A property.

“Because of the unusually large, 68,000-sf floor plate at 175 W. Jackson, the SEC will be able to house all of its office space on one floor in the building,” says Menahem Deitcher, leasing director for the building.

The Staubach Company represented the SEC in negotiations that produced a 10-year lease of the building’s ninth floor.

An unrelated deal in the building sees Netherlands-based securities and trading firm ING Barrings take 5,044 sf on the 22nd floor. Julien J. Studley. Inc., represented the company, which is moving from One Financial Place, in negotiations on a 10-year lease.

There is approximately 500,000 sf of space available in the 23-story, 1.45-million-sf building.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.