The association will occupy floors four through eight of the46-story building. J. Frank Franzese and Natalie Lopez, both withCushman & Wakefield, represented AHA in the lease transaction.AHA currently leases a larger amount of space, about 140,000 sf, at1 N. Franklin St., says Franzese, EVP. "They are moving into moreefficient space," he says. AHA will move into the new building inMarch 2010.

The building is nearly 35% preleased, Franzese. The estimatedcost of the project is about $370 million, as previously reportedby GlobeSt.com. Skadden Arps Slate Meagher & Flom LLP hassigned a lease for 165,000 sf, or about 15% of the building. Thefirm is scheduled to move into the building July 2009, Franzesesays. Also, Bridge Finance Group LLC has signed a lease for 82,683sf on the top three floors of the tower, with plans to move intothe building in March 2010, according to a press release from JohnBuck Co. Bridge Finance Group is currently headquartered at theSears Tower and also has offices in Atlanta, Hartford, Los Angelesand New York City.

The asking lease rate for the tower depends on the floor but is"probably in the mid to high $30's, net" he says. The architect forthe building is Goettsch Partners, according to information on JohnBuck Co.'s website. The tower, which will have floor plates of27,570 sf, will have a 160-space parking garage in addition tobeing connected, via a sky-bridge, to a 1,200-space parking garage.The building will also have some retail on the ground floor,Franzese says.

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