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CHICAGO-The Securities and Exchange Commission now has 102,000 sf at the former Insurance Exchange building at 175 W. Jackson Blvd. The federal agency that oversees the securities industry expanded its previous 67,687-sf lease by about 50%.

The SEC now occupies the sixth and eighth floors in the 1.45-million-sf, 22-story building, which underwent an $80-million renovation in 2001. The deal, the largest of the year for building owner 175 Jackson LLC, brings the amount of available space at the Central Loop asset just west of the Board of Trade to less than 300,000 sf.

Although terms were not disclosed, published gross lease rates at 175 W. Jackson Blvd. begin at $29 per sf.

Staubach Co. SVPs Dan Maslauski, of the Chicago office, and Skip Orr, of the Tyson’s Corner, MD, office, represented the SEC under an exclusive agreement. Sean Murphy of Intell Management & Investment Co. represented the building owners.

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