Jacobs Engineering Group Inc.
Square Feet Leased: 151,000 or 100% of the property
Lease Expiration: June 2018*
Jacobs Engineering Group Inc. was founded in 1947 and has since grown steadily to become one of the world’s largest and most diverse engineering service firms. One of Fortune magazine’s most admired companies with 38,000 employees in 160 offices in 20 countries, the company offers full-spectrum support to industrial, commercial and government clients across multiple markets and has annual revenues in excess of $11 billion.
Much of Jacobs Engineering’s revenues are generated from construction projects for the chemical, petroleum and pharmaceutical and biotech industries. U.S. government contracts, chiefly for aerospace and defense, also add significantly to the company’s revenue.
Square Feet Subleased: 151,000 or 100% of the property
Sublease Expiration: December 31, 2012*
CB&I, formerly known as Chicago Bridge & Iron Company, designs, engineers and constructs some of the world’s largest energy infrastructure projects, providing a full spectrum of engineering, procurement and construction solutions and process technologies. Drawing upon more than a century of experience and approximately 16,000 employees worldwide, CB&I executes more than 600 projects a year through its three business sectors: CB&I Lummus builds upstream and downstream oil & gas projects, LNG liquefaction and regasification terminals, and a wide range of other energy related projects; CB&I Steel Plate Structures designs, fabricates and constructs storage tanks and containment vessels and their associated systems for the oil & gas, water & wastewater, mining and nuclear industries; Lummus Technology capitalizes on more than 1,500 patents and patent applications to provide process technologies, catalysts and specialty equipment for petrochemical facilities, oil refineries, and gas processing plants.