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News release

Atlanta and Chicago

KPMG Signs 260,000 Square Foot Lease at Piedmont’s Chicago Aon Center


Atlanta and Chicago, February 16, 2009 – Piedmont Office Realty Trust announced today that KPMG LLP, the audit, tax and advisory firm, signed a 15-year, 260,000 square-foot direct lease at Aon Center in Chicago.  Known as one of the “Big Four” accounting firms, KPMG will be relocating its Chicago office from 303 E. Wacker Drive, with occupancy in the Aon Center commencing August 2012.  KPMG’s 1,700 Chicago employees will assume eight and a half floors in the building, occupying floors 53-61. 
 
“KPMG has deep roots in Chicago and we want to continue to grow with the city. Our investment in the Aon Center demonstrates our commitment to the future of Chicago and to the quality of work life for our employees,” said Bruce Piller, KPMG’s managing partner in Chicago. “We’re confident that this showcase location for our firm also will appeal to the talented and energetic professionals we employ, and to our clients, as we continue to provide quality professional services.  The location, views and extensive amenities make the Aon Center the perfect location for us.”
 
Atlanta-based Piedmont Office Realty Trust, owner of Aon Center, was represented by Jones Lang LaSalle’s Steve Smith, Michael Curran and Matt Amato.  Jones Lang LaSalle is the primary leasing and managing agent of the East Loop’s iconic building.  KPMG was represented by the CB Richard Ellis team of Todd Lipmann, Lisa Konieczka and Kyle Kamin.
 
“The Aon Center is home to many prestigious tenants,” said Joel Williamson, Vice-President of Piedmont Office Realty Trust.  “We are pleased that KPMG is making the Aon Center its Chicago office location.  We are confident they will benefit from the Aon Center’s location and superior amenities.”
 
Aon Center offers spectacular views of the city, Lake Michigan and Millennium Park.  The building offers one of the best  amenity packages in the city, including the Mid America Club, Café 200 - a 25,000-square-foot, full-service multi-station dining facility and a 243-seat auditorium with audio-visual system. The building has direct internal access to the four-star Fairmont Hotel and the seven-story Lakeshore Athletic Club from its lower lobby.
 
In the past nine months, Piedmont and the Jones Lang LaSalle leasing team have negotiated more than 430,000 square-feet of space in the building with companies such as KPMG, Federal Home Loan Bank, Microsoft and Veolia Environmental Services.
 
About Piedmont: Piedmont Office Realty Trust is a public, non-traded REIT specializing in Class-A office properties. As of September 30, Piedmont owned 84 buildings, totaling more than 21 million square feet, in 23 states and Washington, D.C. Properties include the corporate headquarters of such organizations as U.S. Bancorp, NASA and Nestlé USA. Across the portfolio, Piedmont properties are approximately 92 percent leased. For more information, see www.piedmontreit.com.
 
About Jones Lang LaSalle
 
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2008 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.3 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $46 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.