Bank One Signs AIG Member Company to 156,000-Foot Lease at 300 S. Riverside Plaza
November 12 2003 - 2:23PM
PR Newswire (US)
Bank One Signs AIG Member Company to 156,000-Foot Lease at 300 S.
Riverside Plaza CHICAGO, Nov. 12 /PRNewswire-FirstCall/ -- Bank One
Corporation announced today that National Union Fire Insurance
Company of Pittsburgh, Pa.(R), a member company of American
International Group, Inc. (AIG), has signed a lease for 156,000
square feet of office space at the bank's 300 S. Riverside Plaza
facility in Chicago. (Logo:
http://www.newscom.com/cgi-bin/prnh/20030116/NYTH053LOGO ) AIG will
occupy floors 20, 21 and 22 at 300 S. Riverside when the lease
commences in June, 2004, in the 23-story Class A office building.
Built in 1983, 300 S. Riverside is a 1 million square-foot office
building on the west bank of the Chicago River in the city's
burgeoning West Loop. Bank One is aggressively pursuing the leasing
of an additional 200,000+ square feet at 300 S. Riverside, which
has convenient access to transportation and efficient
53,000-square-foot floor plates. "This is one of the largest deals
done in Chicago this year and is a testimonial to the Bank's
ability to aggressively pursue and complete deals in Chicago and in
other markets," said John Nugent, national representative for CB
Richard Ellis, which represented Bank One in the transaction.
Across the country, Bank One is aggressively pursuing leasing
opportunities as it manages it real estate more efficiently. In
Chicago, the company has begun a $100 million renovation of its
corporate headquarters building, 1 Bank One Plaza, to attract new
tenants for occupancy beginning in 2004. Elsewhere, leasing
opportunities have or are being created in Phoenix, Milwaukee,
Detroit, Indianapolis, Charleston, W. Va., and Baton Rouge, La.
Bank One Corporation is the nation's sixth-largest bank holding
company, with assets of $290 billion. Bank One has more than 51
million credit cards issued, nearly 7 million retail households,
and over 20,000 middle market customers. It also manages $175
billion of clients' investment assets.
http://www.newscom.com/cgi-bin/prnh/20030116/NYTH053LOGO
http://photoarchive.ap.org/ DATASOURCE: Bank One Corporation
CONTACT: Thomas Kelly of Bank One Corporation, +1-312-732-7007 Web
site: http://www.bankone.com/
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