Terms of the deal will provide Chicago-based Aon Corp. with an additional 94,101 sf at the 62-story 707 Wilshire complex on Wilshire Boulevard to expand its West Coast regional office. The insurer already occupies 111,000 sf in the tower.
The expansion lease runs through June 2007. As part of the agreement, owner Wells Fargo Bank also granted AON top signage at the building and the eventual right to rename the 1.03-million-sf highrise.
Wells Fargo Bank was represented by an Insignia/ESG brokerage team of R. Todd Doney, Nico Vilgiate and Greg Tippin. Robert Zelken of Jones Lang LaSalle represented the tenant in the transaction.
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