While terms of the deal were not released, Equity Office'sasking rate at Corporate 500 is $19.50 per sf, which would makelease worth as much as $1.28 million per year.

Grubb & Ellis senior vice presidents Ned Franke and Jim Wardrepresented William M. Mercer, which Franke says was attracted tothe complex's location as well as window-lined offices, tenantfinishes and efficient floor plans.

William M. Mercer will relocate from 1417 Lake-Cook Road intospace that was vacated by a company that was involved in a merger,Grubb & Ellis notes.

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