Item 2. Properties.
3K characters. Original on sec.gov ·
Item 2. Properties.
We have offices in various locations throughout the world. Substantially all of our offices are located in leased premises. We maintain our corporate headquarters at 8 Devonshire Square, London, England, where we occupy approximately 225,000 square feet of space under an operating lease agreement that expires in 2018. We own one building at Pallbergweg 2-4, Amsterdam, the Netherlands (150,000 square feet). The following are additional significant leased properties, along with the occupied square footage and expiration.
| Property: | Occupied Square Footage | Lease Expiration Dates | ||
| 4 Overlook Point and other locations, Lincolnshire, Illinois | 1,059,000 | 2019 – 2024 | ||
| Tikri Campus and Unitech Cyber Park, Gurgaon, India | 440,000 | 2015 – 2019 | ||
| 200 E. Randolph Street, Chicago, Illinois | 428,000 | 2028 | ||
| 2601 Research Forest Drive, The Woodlands, Texas | 414,000 | 2020 | ||
| 2300 Discovery Drive, Orlando, Florida | 364,000 | 2020 | ||
| 199 Water Street, New York, New York | 319,000 | 2018 | ||
| 7201 Hewitt Associates Drive, Charlotte, North Carolina | 218,000 | 2025 |
The locations in Lincolnshire, Illinois, Gurgaon, India, The Woodlands, Texas, Orlando, Florida, and Charlotte, North Carolina, are primarily dedicated to our HR Solutions segment. The other locations listed above house personnel from both of our reportable segments.
In November 2011, we entered into an agreement to lease 190,000 square feet in a building to be constructed at 122 Leadenhall in London, United Kingdom. In August 2014, upon practical completion of the construction, we entered into the leases. We expect to move into the new building in 2015 when we exercise an early break option at our Devonshire Square location.
In general, no difficulty is anticipated in negotiating renewals as leases expire or in finding other satisfactory space if the premises become unavailable. We believe that the facilities we currently occupy are adequate for the purposes for which they are being used and are well maintained. In certain circumstances, we may have unused space and may seek to sublet such space to third parties, depending upon the demands for office space in the locations involved. See Note 9 "Lease Commitments" of the Notes to Consolidated Financial Statements in Part II, Item 8 of this report for information with respect to our lease commitments as of December 31, 2014.
Previous: Item 1B. Unresolved Staff Comments. · Next: Item 3. Legal Proceedings.