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People and Places

This article was originally published in The Public Ledger

CME Group will sell two of the three buildings that make up the Chicago Board of Trade (CBOT) Building Complex but lease back some of it such as the agricultural trading floor. CME is selling the 1.3m square foot north and south towers of the iconic building at 141 W. Jackson to raise $151.5m and focus on its exchange operations. It will lease back the 150,000 square-feet of space it currently occupies in both buildings for a 15-year term, including the agricultural trading floor as well as office and trading floor support space.

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