Newmark Grubb Knight Frank (NGKF) today announced that Wayne Shulman, senior managing director, represented the Chicago Board Options Exchange (“CBOE”), the largest U.S. options exchange and creator of listed options, in a 27,830-square-foot office lease at One Financial Place. This transaction was the largest lease completed in the Central Loop submarket during the third quarter of 2013.
Located at 440 S. LaSalle, One Financial Place is a 40-story office tower in the city’s financial district. Moving from its existing office space at 111 W. Jackson, one of CBOE’s larger divisions will occupy the entire 35th floor of the property in the spring of 2014, joining the Chicago Stock Exchange and other respected tenants.
“The CBOE was looking for space that would better accommodate its current needs,” said Mr. Shulman, who has worked with the client for more than two decades. “After a thorough review of the market, the CBOE determined that the footprint and amenities at One Financial Place would best support increased collaboration among its employees.”
One Financial Place features direct access to bus, subway and rail transportation, underground parking, a landscaped outdoor plaza, and proximity to premier shopping and dining.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank (NGKF) is one of the world’s leading commercial real estate advisory firms. Together with its affiliates and London-based partner Knight Frank, NGKF employs more than 12,000 professionals, operating from more than 320 offices in established and emerging property markets on five continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. Its integrated services platform includes leasing advisory, global corporate services, investment sales and capital markets, consulting, program and project management, property and facilities management, and valuation services. A major force in the real estate marketplace, NGKF serves the local and global property requirements of tenants, landlords, investors and developers worldwide. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.