Tishman Speyer Announces Lease Transactions at 353 North Clark | Announcements | Tishman Speyer


Tishman Speyer Announces Lease Transactions at 353 North Clark

Chicago, IL August 17, 2011

Tishman Speyer today announced lease transactions at 353 North Clark, a Class A office tower acquired by the firm in December 2010.

Ventas, Inc., the nation’s leading senior housing and healthcare real estate investment trust (REIT), has signed a direct lease for 28,557 square feet. Separately, Ventas is subleasing additional space from an existing tenant. Brokers Geoff Euston and Meredith Soren of U.S. Equities represented Ventas in the direct lease transaction, while Tishman Speyer’s Joe Gordon and Jon Cordell represented building ownership.

Tishman Speyer also announced that IntercontinentalExchange, Inc. (ICE) has signed a renewal at the building and has expanded to 27,785 square feet, an increase of over 5,000 square feet. A tenant since 2009, ICE operates leading regulated exchanges, trading platforms and clearing houses serving global markets for agricultural, credit, currency, emissions, energy and equity index markets. Renee Betzelos of ProTen Realty represented the tenant, while Joe Gordon and Jon Cordell represented building ownership.

Designed by architect Dirk Lohan of Lohan Anderson, 353 North Clark is a 45-story, 1.2-million- square-foot Class A building offering breathtaking views in an outstanding location, along with first-class on-site amenities that include dining and catering, a premier health club, a conference center, concierge services, integrated security, a messenger center and underground valet parking. The building is LEED® CS-Gold certified and was developed by Mesirow Financial Real Estate. Its largest tenants are Mesirow Financial and Jenner & Block.

About Tishman Speyer (www.tishmanspeyer.com)

Tishman Speyer is one of the leading developers, owners, operators and asset managers of first-class real estate worldwide. Active across North America, Europe, South America and Asia, many of the world’s most prestigious corporations rely on Tishman Speyer to meet their office space needs. Since its founding in 1978, the firm has acquired, developed and/or managed a portfolio of over 116 million square feet valued at over US$50.2 billion. Signature assets include New York’s Rockefeller Center and the Chrysler Center, Frankfurt’s MesseTurm and OpernTurm, São Paulo’s Torre Norte, and Ventura Corporate Towers in Rio de Janeiro. Tishman Speyer has projects in different stages of development in Shanghai, Chengdu and Tianjin.