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, Asia and Australia, including main hubs in New York, London, Kansas City and Amsterdam. Our principal properties as of December 31, 2023 are listed in the table below:
| | | | | |||||
|---|---|---|---|---|---|---|---|---|
| Location | | Classification | Owned/Leased | Lease Expiration | | Approximate Size | ||
| 400 South La Salle Street, Chicago, Illinois | | Former global headquarters and office space; prior trading floor | | Owned* | | N/A | | 300,000 sq. ft. |
| 433 West Van Buren Street, Chicago, Illinois | | 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. |
| 141 West Jackson Boulevard, Chicago, Illinois | | Trading floor and office space | | Leased | | October 2032 | | 40,000 sq. ft. |
| Gustav Mahlerplein 73-83, Amsterdam, Netherlands | | Office space | | Leased | | January 2032 | | 29,500 sq. ft. |
| 17 State Street, New York, New York | | Office space | | Leased | | December 2027 | | 22,000 sq. ft. |
| 11 Monument Street, London, United Kingdom | | Principal UK office space | | Leased | | March 2027, with one 5 year renewal option | | 21,000 sq. ft. |
| 1 Farrer Place, Sydney 2000 Australia | | Office space | | Leased | | December 2026 | | 18,000 sq. ft. |
| Rockwell Business Center Sheridan, Sheridan Street Corner United Street, Highway Hills Mandaluyong City 1550 Philippines | | Office space | | Leased | | November 2028 | | 10,500 sq. ft. |
| One Liberty Plaza, New York, New York | | Office space | | Leased | | May 2027 | | 8,500 sq. ft. |
| 65 Queen Street West Toronto, Ontario, Canada | | Office space | | Leased | | June 2028 | | 8,000 sq. ft. |
*Through our wholly-owned subsidiary, Cboe Building Corporation, we own the building that was previously the global headquarters. As a result of the Merger, there was a reduction in employee workspace needed in Chicago, which led to the decision to market for sale the former headquarters location. The building is currently classified as held for sale. See Note 7 (“Property and Equipment, Net”) of the consolidated financial statements included herein for further information.
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 primary data center in the United States is in Secaucus, New Jersey, and its disaster recovery center is in Chicago, Illinois. In Europe, our primary data center is in Slough, England and the secondary data center is in Park Royal, London. In Asia Pacific, our primary data centers are in Tokyo, Japan and Sydney, Australia and secondary data centers are located in Osaka City, Japan and Sydney, Australia.
See Note 7 (“Property and Equipment, Net”) and Note 24 (“Leases”) to the consolidated financial statements included herein for further information.
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