CHICAGO—JLL officials say they have decided to extend their long-standing commitment to Chicago, and have begun finalizing negotiations on a new long-term lease agreement that will keep its global headquarters in the iconic Aon Center office tower on the city’s lakefront.

JLL has signed a letter of intent with Piedmont Office Realty Trust to extend its current 165,000-square-foot lease once its existing lease expires in 2017. The landlord has agreed to give JLL the flexibility to expand its space as needed over the term of the lease to accommodate any growth.

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