Chicago Stock Exchange Renews for 151,548 SF

CHICAGO-The Chicago Stock Exchange is staying at 440 S. LaSalle St. while taking additional space there under a 13-year, 151,548-sf lease, the largest in the market this year with the exception of two deals: Northern Trust Corp.’s renewing two leases as well as an expansion totaling 480,000 sf and Citadel Investment Group, LLC’s deal for 206,148 sf at 131 S. Dearborn St. The Chicago Stock Exchange will take two additional floors, a total of more than 30,000 sf of new space, in July 2002.

“The Chicago Stock Exchange was experiencing tremendous growth in trading volume and badly needed more space,” says The Staubach Company managing principal Steve Stratton. “We helped the Chicago Stock Exchange achieve an early lease renewal by adding two floors to their existing space to consolidate into the low-rise portion of the building, creating more efficient space and greater lease flexibility.”

The Chicago Stock Exchange has been a tenant in the building since 1985.