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Optiver Expands, Relocates to One Prudential

CHICAGO-The two-building Prudential Plaza expects to have an occupancy rate of 95% by year-end, and is also planning a restaurant on the top of one of the towers.

By Gina Kenny | Updated on September 06, 2007

CHICAGO-Optiver, an international trading firm with its main offices in Amsterdam, is expanding and relocating its United States’ office to 23,000 sf at One Prudential Plaza. The firm will occupy a full floor on the upper floors of the 41-story building at 130 E. Randolph St., says David Cobb, president and chief executive officer of Bentley Forbes. The two-building Plaza, which has a total of 2.2 million sf, is owned and managed by Los Angeles-based BentleyForbes, which acquired the buildings last year for $470 million.

The term of the lease is 10 years. Louis Durkin and Jason Schulz, both with Holly Duran Real Estate Partners, represented Optiver in the lease transaction. Andrea Saewitz and Lauren Alexander, both with J.F. McKinney & Associates, represented BentleyForbes in the transaction. The trading firm is currently subleasing about 10,000 sf at 311 S. Wacker Dr., Cobb says. The expansion is due to “organic company growth,” he says. The plaza is attractive to tenants like Optiver, in part, because it offers various amenities for tenants such as the Tavern at the Park restaurant, which recently opened, and being located near Millennium Park, Cobb says.

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