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Jones Lang LaSalle represents building owner Harbor Group International in 16,146-SF lease
CHICAGO, March 19, 2013 — Jones Lang LaSalle announced today that Century Aluminum Co. is moving its corporate headquarters from Monterrey, Calif., to One South Wacker in Chicago’s West Loop.
Century — which has aluminium production facilities in Iceland, Kentucky, West Virginia and South Carolina — has signed a lease for 16,146 square feet of space on the building’s 10th floor.
Jones Lang LaSalle Managing Director Paul Petricca and Senior Vice President Melissa Rubenstein completed the transaction on behalf of the building’s owner, Norfolk, Va.-based Harbor Group International, which acquired the 40-story, 1.2-million-square-foot building from TIAA-CREF in December.
“This is our first new lease since purchasing One South Wacker and we are confident that it will be the first of many,” said Jordan Slone, Chairman and CEO of Harbor Group International. “Clearly, this is one of the best locations in the city and Century Aluminum was certainly drawn to that as a part of their decision to relocate their corporate headquarters here. We’re excited to welcome them as a new tenant.”
Harbor Group will undertake a capital improvements program that creates a new entry atrium winter garden, renovate the lobby (including a building concierge station), elevator cabs, common corridors and restrooms. On the mezzanine level will be the tenant only OSW Club with a signature Harbor Fit health& wellness center, conferencing facilities, the building management office, and a tenant lounge overlooking the entry atrium.Michael Cello and Tim Lisy of DTZ, a UGL company, represented Century Aluminum in the transaction.
About Jones Lang LaSalle Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet. Its investment management business, LaSalle Investment Management, has $47.0 billion of real estate assets under management. For further information, visit www.jll.com.About Harbor Group InternationalHarbor Group International, LLC is a private real estate investment and management firm which controls a portfolio of worldwide assets valued at approximately $3.8 billion. HGI is headquartered in Norfolk, Virginia with offices in New York and Tel Aviv. The company’s real estate holdings include over 10 million square feet of commercial properties and in excess of 24,500 apartment units. For additional information, please visit www.harborgroupint.com.About Century Aluminum Century Aluminum Company (NASDAQ: CENX) supplies standard-grade, high-purity and value-added primary aluminum products to diverse downstream manufacturing customers in the aerospace, automotive and energy industries. The Company owns primary aluminum capacity in the U.S. and Iceland. Century's corporate offices are currently located in Monterey, Calif. Visit www.centuryaluminum.com for more information.
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