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BP Signs 10-Year Office Lease for 225,000 SF

CHICAGO-The oil and gas company will relocate its US supply, trading and fuels marketing team to this West Loop location in the second half of 2010.

By Cari Brokamp | Updated on August 20, 2008

CHICAGO-Oil and gas company BP has leased 225,000 sf at Chicago Mercantile Exchange Center. The company signed a 10-year lease for space on the seventh through 10th floors of the building, which will house 1,000 employees of BP’s US supply, trading and fuels marketing team. The company will move into the West Loop building in the second half of 2010.

The building is at 10 and 30 South Wacker Drive. Building owner Tishman Speyer was represented in-house by Vicki Noonan and Eric Myers. BP was represented by international director Elaine Melonides and EVP Matt Carolan, of Jones Lang LaSalle.

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