Item 2. Properties
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Item 2. Properties
The Company is headquartered in Chicago with a network of domestic and global offices across the Americas, Europe and Asia, including main hubs in New York, London, Kansas City and Amsterdam. Our principal properties are listed in the table below:
| ation | | | | | ||||
|---|---|---|---|---|---|---|---|---|
| Location | | Classification | Owned/Leased | Lease Expiration | | Approximate Size | ||
| 400 South La Salle Street, Chicago, Illinois | | Global headquarters, trading floor and office space | | Owned* | | N/A | | 300,000 sq. ft. |
| 433 W. Van Buren Street, Chicago, Illinois | | Planned new global headquarters and office space | | Leased | | August 2035 | | 185,000 sq. ft. |
| 8050 Marshall Drive, Lenexa, Kansas | | Office space | | Leased | | February 2027, with two 5 year renewal options | | 62,000 sq. ft. |
| 8050 Marshall Drive, Lenexa, Kansas | | Office space | | Leased | | May 2023 | | 18,500 sq. ft. |
| 141 W. Jackson Boulevard, Chicago, Illinois | | Planned new trading floor and office space | | Leased | | October 2032 | | 40,000 sq. ft. |
| 17 State Street, New York, New York | | Office space | | Leased | | April 2024, with one 5 year renewal option | | 22,000 sq. ft. |
| 11 Monument Street, London, United Kingdom | | Principal UK office space | | Leased | | March 2022, with one 5 year renewal option | | 10,400 sq. ft. |
| Strawinskylaan 1847 Amsterdam, Netherlands | | Office space | | Leased | | August 2023 | | 8,000 sq. ft. |
*Through our wholly-owned subsidiary, Cboe Building Corporation, we own the building in which our principal officers are located and occupy approximately 300,000 square feet of this building. The building is currently classified as held for sale.
We believe that our properties are in good operating condition and adequately serve our current business operations. Generally, our properties are not earmarked for use by a particular segment. Instead, most of our properties are used by two or more segments. We also anticipate that suitable additional or alternative space will be available at commercially reasonable terms for future expansion to the extent necessary.
Our disaster recovery sites in the United States are located in Chicago, Illinois, Kansas City, Missouri, and Secaucus, New Jersey. In addition, we have agreements with a primary data center in Secaucus, New Jersey and a secondary data center in Chicago, Illinois. In Europe, our primary data center is in Slough, England. The secondary data center for Cboe Europe is in Park Royal, London. We operate a back-up location for our London operations in the United Kingdom.
See Note 8 (“Property and Equipment, Net”) and Note 25 (“Leases”) of the consolidated financial statements included herein for further information.
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