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

Feb 16, 2009
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.
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