CHICAGO, Dec. 16, 2013 /PRNewswire/ -- Legal & General Investment Management America, Inc. ("LGIMA"), a Chicago-based registered investment advisor with more than $35 billion in assets under management, specializing in fixed income and liability driven investment (LDI) strategies for the United States pension market, has moved its corporate headquarters to the heart of the financial district in downtown Chicago to accommodate its continued growth and to better serve clients. The firm's new offices at 71 South Wacker Drive, between Monroe and Madison Streets, include more than 25,000 square feet in the 48-story building.
In the last year, LGIMA has increased its employee base to 65. The new office has an open floor plan that can accommodate a total staff of 115, leaving room to expand. LGIMA signed a 10-year lease.
"Our new office in the Loop will better serve the needs of our clients and employees. The new location provides greater convenience in the Chicago downtown area and more space to conduct business," said Mike Craston, LGIMA's CEO. "We have wanted to move to the downtown area for some time, but wanted to make sure that we found the right space before moving. As the company continued to expand and our client roster grew, it became evident that we needed an office that aligned with the next phase of our US plan."
LGIMA is working with local companies to complete its move downtown. The firm used Nelson Chicago as the architect, Pepper Construction as the general contractor and Jones Lang LaSalle provided project management. Engineering Plus was the lead on technology-related infrastructure.
For further information, please contact:
Name: Michael Boonshoft
Title: RF Binder
Tel: 212 994 7538
SOURCE Legal & General Investment Management America, Inc.