Regions Midwest | Chicago
Prime Inks Lease Extension with Porsche in Chicago
June 25, 2008

Prime Group Realty Trust, a Chicago-based real estate investment trust, has signed a multi-year lease extension with Porsche Financial Services Inc. for its 29,000-square-foot corporate offices at The Olympian Office Center at 4343 Commerce Court in Lisle, Illinois. Porsche Financial is a wholly owned, indirect subsidiary of Porsche AG and provides automotive leasing and financing products to its US and Canadian Porsche dealers and their customers.

 
Recent Chicago Headlines
Verizon Signs 72,696-SF Lease Extension in Chicago
Verizon Business Services, a unit of Verizon Communications, signed a 72,696-square-foot lease extension at Michigan Plaza, the two-tower complex located at 205/225 N. Michigan Avenue in Chicago.
New Chicago Lease Further Evidence that ProLogis is Alive and Kicking
Even if the generals have a brilliant plan for victory, wheels still need to roll at the front line if it’s all going to mean anything. In the case of ProLogis, time might still have to tell regarding the warehouse/distribution giant’s recovery strategy, but the ground-level activity seems to be rolling forward much as usual.
Lynd Breaks Ground on First Chicago Property
San Antonio, Texas-based developer Lynd Development Partners is making its first move into the Chicago market with a 300,000-square-foot, 249-unit apartment tower.
Cabot Takes Industrial Portfolio from TIAA-CREF
Cabot Properties has purchased a 788,000-square-foot industrial portfolio, comprising assets in Chicago and Baltimore, from TIAA-CREF.