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SEC Takes 67,000 SF at 175 W. Jackson

CHICAGO-The US securities watchdog moves from Citicorp Center at 500 W. Madison St. to the ninth floor of the building that recently underwent an $80-million gut-rehab. Securities trading firm ING Barrings also takes 5,044 sf.

By Mark Ruda | Updated on August 30, 2001

CHICAGO-The recently renovated 175 W. Jackson Blvd. has lured the US Securities and Exchange Commission away from the Citicorp Center at 500 W. Madison St. The agency has leased 67,687 sf in the former Insurance Exchange Building, which recently underwent an $80-million renovation that turned it from a class C to a class A property.

“Because of the unusually large, 68,000-sf floor plate at 175 W. Jackson, the SEC will be able to house all of its office space on one floor in the building,” says Menahem Deitcher, leasing director for the building.

The Staubach Company represented the SEC in negotiations that produced a 10-year lease of the building’s ninth floor.

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