Indianapolis— Jones Lang LaSalle (NYSE:JLL) has been awarded the office leasing assignment for the 558,000-square-foot Monument City Center, formerly the AT&T Building, at 220 N. Meridian St. in downtown Indianapolis. The available space totals 150,000 square feet.
John Robinson, managing director for Jones Lang LaSalle’s Indianapolis office, and Kevin Gillihan, Senior Associate, are the leasing representatives.
Geis Properties, a division of Streetsboro, Ohio-based Geis Cos. recently acquired the building from AT&T. New ownership is embarking on a renovation program that will update the building and be central to Jones Lang LaSalle’s efforts to attract new tenants to the building.
“The Monument City Center is a prominent building in downtown Indianapolis and will continue to draw a wide range of businesses seeking a well-maintained, high-image building in a premium location,” Robinson said. “Updated tenant finishes and outdoor seating are just some of the enhancements that will be attractive to tenants looking for a Class A downtown location.”
The glass building was constructed in 1974 and has 20 floors. The space available in the building is located on floors eight through 14. AT&T will continue to occupy space in the building long term, though it will give additional space back in phases over the next few years.
The lower floors of the building have approximately 11,000 square feet of retail space available, with 6,000 square feet designed for a high-end restaurant and the remaining space available for other retailers. Brian Epstein of Urban Space brokerage is listing the retail space. Geis will manage the property.
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 and completed $63 billion in sales, acquisitions and finance transactions in 2012. Its investment management business, LaSalle Investment Management, has $47.7 billion of real estate assets under management.