Piedmont Office Realty Trust Inc. has announced the completion of a new 15-year lease with Aon plc totaling 396,406 square feet at its 200 E. Randolph St. property in Chicago. After 14 years as a sublease tenant in the 83-story East Loop tower, the global risk management and HR solutions firm will enter into a new direct lease agreement, commencing December 2013.
“We are excited that Aon has decided to retain our 200 E. Randolph property as the headquarters for its Americas business,” said Piedmont President and CEO Donald Miller. “The iconic presence and long-term branding of such a reputable tenant makes Aon Center one of the most prominent buildings in the downtown Chicago skyline and, proudly, one of the true flagships in our national portfolio.”
The tenant was represented by Meredith O’Connor of Jones Lang LaSalle and Studley’s Greg Gerber. The owner was represented by Steve Smith and Mike Curran of Jones Lang LaSalle. Piedmont’s team was led by Damian Miller and Joe Pangburn.
