Insurance Information
INSURANCE PROTECTION
Lincoln Property Company
100 & 150 South Wacker Drive
Chicago, IL 60606
TENANT INSURANCE PROTECTION
Please submit a current certificate of insurance with additional insured endorsements to the Property Management Office as evidence of compliance to the coverage limits outlined per your lease agreement. Additionally, any vendor or contractor employed by a tenant and performing labor at the property must submit a certificate of insurance prior to the commencement of work. Should you have any questions regarding the information listed in these requirements, please feel free to contact our office at (312) 641-3411.
COVERAGE:
| Personal and Bodily Injury: | As required in lease |
| Property Damage | As required in lease |
| Workman’s Compensation / Per Occurrence | As required in lease |
| All Risk Leasehold Improvements & Furniture & Fixtures: | As required in lease |
The Certificate must identify the following as the Property Location:
For leased premises at 100 and/or 150 S. Wacker Drive, Chicago, IL.
The Certificate must name the following as the Certificate Holder:
Lincoln Property Company Commercial LLC
150 South Wacker Drive, Suite 2150
Chicago, IL 60606
The Certificate must include the following Additional Insureds by Named Endorsement(s):
Lincoln Property Company Commercial LLC (Management)
MJH Wacker LLC (Owner)
Fulcrum Operating Company, LLC (Owner)
The following general requirements apply:
- The above mentioned additional insureds must be added on the Tenant’s policy(ies). Any Certificates of Insurance submitted without the additional insureds added on the endorsement(s) will not be accepted as proof of insurance.
- Insurance coverage must include a primary and non-contributory provision. These provisions may be standard, but if not, the actual endorsement sheet(s) are required and the policy # has to be indicated.
- Must provide 30 days advance written notice before cancellation, non-renewal, or any material adverse changes to the specified insurance coverage and limits.
- Include a Waiver of Subrogation in favor of the Additional Insureds, where allowed by law. The actual endorsement sheet(s) are required. If blanket, policy # has to be indicated on the endorsement sheet(s).
Common Tenant Insurance Questions & Answers:
| Parcel Size: | 1.9 acre site |
| Completion Date: | 100 Building = 1961 and 150 Building = 1971 |
| Number of Stories/Height: | 100 Building = 268’11” height 20 stories above ground (no 13th floor), 2 floors underground 150 Building = 433’7” height 32 stories above ground, 2 floors underground |
| Sq Ft / Floor Plates: | 100 Building = 518,825 rsf. 25,000 sf. floor plates. 1st Floor 195’ x 151’ 150 Building = 525,574 rsf. 17,000 sf. floor plates. 1st Floor 130’ x 130’ |
| Building Construction: | 100 Bldg = Structural concrete framing, concrete service cores, concrete structural slabs with light gray granite and glass façade. 150 Bldg = Structural steel framing, concrete service cores and concrete structural slabs with polished black granite and glass façade. |
| Roof Replacements: | 100 Building: April 1996. Aluminum Coating added Sept 2007. 150 Building: April 1996. Aluminum Coating added Sept 2007. |
| Sprinklers / Fire Extinguishers: | Sprinklers installed - 90% of the 100 building and 85% of the 150 building. Both buildings have smoke detectors throughout the floors. 100 and 150 Building - fire extinguishers are located on every floor in the stairwells and inside tenant spaces. |
| Standpipes / Fire Pumps: | 100 Bldg = 4 standpipes. 2 on the North side of the core and 2 on the South side of the core. 1 Fire pump at 1,000 gpm. 150 Bldg = 2 standpipes. 1 in North stairwell and 1 in South stairwell. 2 Fire pumps at 750 gpm. |
| Security: | Staffed 24 hour / 7 days a week. A keycard is required for building entry and elevator access Monday - Thursday 5:00 p.m. to 6:30 a.m., Friday 5:00 p.m. until Monday 6:30 a.m. |
| Stairwells: | 100 Building = Two - East and West. 150 Building = Two - North and South. Smoke proof tower located in North stairwell. |
| Communication System: Alarm System: | 100 and 150 Building = One-way voice communication system via speakers throughout building. Two-way fire-fighter’s voice communication system location within each stairwell to security desk. Central station and local alarms on lobby panels monitored by Security. |
VENDOR INSURANCE REQUIREMENTS
Lincoln Property Company
100 & 150 South Wacker Drive
Chicago, IL 60606
Please submit a current certificate of insurance with additional insured endorsements to the Property Management Office. Additionally, any vendor or contractor making delivery or performing labor at the property must submit a valid certificate of insurance and endorsements prior to the commencement of work. Should you have any questions regarding the information listed in these requirements, please feel free to contact our office at (312) 641-3411.
COVERAGE:
| General & Auto Liability | $2,000,000 |
| Umbrella Liability | $5,000,000 |
| Workman’s Compensation / Per Occurrence | $500,000 |
The certificate must identify the following as the Property Location:
For location at 100 and/or 150 S. Wacker Drive, Chicago - (describe services being performed)
The certificate must name the following as the Certificate Holder:
Lincoln Property Company Commercial LLC
150 South Wacker Drive, Suite 2150
Chicago, IL 60606
The Certificate must include the following Additional Insureds by Named Endorsement(s):
Lincoln Property Company Commercial LLC (Management)
MJH Wacker LLC (Owner)
Fulcrum Operating Company, LLC (Owner)
The following general requirements apply:
- The above mentioned additional insureds must be added as named insureds on the policy(ies).Certificates of
- Insurance submitted without the additional insurers added on the endorsement(s) will not be accepted as proof of insurance.
- Insurance coverage must include a primary and non-contributory provision. These provisions may be standard, but if not, the actual endorsement sheet(s) are required and policy # has to be indicated.
- Must receive 30 days advance written notice before cancellation, non-renewal, or any material adverse changes to the specified insurance coverage and limits.
- Certificates containing the language “included as Additional Insured as required by signed written contract or agreement” are invalid unless there is a signed written contract between vendor and certificate holder and/or additional insurers mentioned above.
- Include a Waiver of Subrogation in favor of the Additional Insureds, where allowed by law. The actual endorsement sheet(s) are required. If blanket, policy # has to indicated on the endorsement sheet(s).
Tenant Insurance Requirements (opens in new window)