Not only is that the highest vacancy rate among the suburban submarkets, according to U.S. Equities Realty, vacancy hits 30% when available sublease space is added in.

Palatine-based Specialty Construction Brands is leasing 18,357 sf at 601 Campus Dr., Arlington Heights. Jim Planey and Jeff Janda of Lee & Associates represented the wholly owned subsidiary of H.B. Fuller Bill Debb and Larry Debb of GVA Williams represented Great Lakes REIT.

Automated teller machine maker Diebold Inc. is moving from nearby Arlington Heights to 14,000 sf at 1300 Plum Grove Rd. here. The company is moving its Chicago area office and service center to the property owned by Plum Grove Associates. Ronan Remandaban of Lee & Associates represented the building owner, while Mohr Partners managing partner Phil Simborg represented Diebold.

The loss of Diebold was offset in Arlington Heights by a 14,280-sf lease signed by Option Care Enterprises Inc. It moves from Lake Zurich to 1155 W. Dundee Rd. A Trammell Crow Co. team of principal Peter Livaditis, SVP Paul Buckingham and senior associate Peter Beatrice represented Option Care.

Diebold is relocating from 95 W. Algonquin Rd.

Along the Northwest Tollway, Prime Group Realty Trust landed Weis Builders, which signed a, 11,667-sf lease at the REIT's Continental Towers III at 1701 Golf Rd., Rolling Meadows. The construction firm moves from 3701 Algonquin Rd. in the suburb.

Remandaban represented Washington Properties, owner 635 W. Remington Rd., in an 8,500-sf lease with SAF Financial Services.

Also in Schaumburg, PPM America is leasing 5,940 sf at 300 N. Martingale as a disaster recovery site for its equity group's Downtown office. MB Real Estate represented Prudential subsidiary PPM America, while Jack Reardon of CB Richard Ellis represented ownership of Woodfield Corporate Center.

Instant Insights /

70,000 SF of Deals Hardly Dents Vacancy Rate

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