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Murray Auchincloss Of BP PLC Leases 240000 Square Feet Office At 30 S Wacker Dr

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LEASED
Matthew (Matt) Carolan
Ellen May
+ 3

Illinois

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Office240,000 SF
Leased 03/24/2025
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Property Image
LEASED

Murray Auchincloss Of BP PLC Leases 240000 Square Feet Office At 30 S Wacker Dr

30 S Wacker Dr

See Similar Deals
Office240,000 SF
Leased 03/24/2025
Matthew (Matt) Carolan
Ellen May
+ 3
Contact now

Summary

ILLINOIS
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:240,000 SF
Transaction Type:Lease

The property asset involved in this transaction is located at 30 S Wacker Dr, in the Chicago market. The asset type is classified as office space, encompassing a total of 240,000 square feet.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 30 S Wacker Dr
  • Market: Chicago
  • Square Feet: 240,000
  • Tenant: Murray Auchincloss - BP PLC
  • Landlord: Rob Speyer & Nooshin Felsenthal - Tishman Speyer
  • Tenant's Representatives: Matthew (Matt) Carolan (JLL), Kevin Morgan (JLL), Andy Strand (JLL)
  • Landlord's Representative: Ellen May (Tishman Speyer)

This lease transaction, dated 03/24/2025, involved key representatives from JLL and Tishman Speyer, facilitating the arrangement between BP PLC and Tishman Speyer as landlord. The collaboration included the negotiations and terms outlined by the leasing teams for a significant office lease agreement within the Chicago location.

Players

Andy Strand
2 deals(312) 213-7580
BROKER


Ellen May
Tishman Speyer
5 deals
BROKER



Rob Speyer
Tishman Speyer
34 deals$3.9B volume
LANDLORD

Details

LEASED
IMAGE: Murray Auchincloss, Matthew Carolan, Rob Speyer, Kevin Morgan, Nooshin Felsenthal, Andy Strand & Ellen May DATE: 03/24/2025 ADDRESS: 10 & 30 South Wacker Drive MARKET: Chicago ASSET TYPE: Office ~ SF: 240,000 LANDLORD: Rob Speyer & Nooshin Felsenthal - Tishman Speyer TENANT: Murray Auchincloss - BP PLC (@BP_PLC) LANDLORD'S REP: Ellen May - Tishman Speyer (@TishmanSpeyer) TENANT'S REP: Andy Strand, Kevin Morgan & Matthew Carolan - JLL (@JLL) NOTE: Tishman Speyer secured a lease extension with bp for 240,000 square feet at CME Center in Chicago’s West Loop, keeping the energy giant at the campus through at least 2032. The deal, brokered by JLL and Tishman Speyer’s in-house team, follows recent upgrades to the complex’s lobby, façade, and entrances.

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Deal Type
Effective Rent (Annual)

$13,756,655.17

Total Lease Value

$137,566,551.74

Net Landlord Cash Flow$13,756,655.17