(To read more on the net lease market, click here.)

CHICAGO-The West Loop's proximity near the OgilvieTransportation Center and Union Station, furnished space and "anextremely aggressive economic package" were enough to lure TetraTech, Inc. from the Aon Center to 1 S. Wacker Dr. The Pasadena,CA-based engineering and technical service firm signed a lease for26,362 sf on the 37th floor of Teachers Insurance AnnuityAssociation's 40-story building.

The building, about two blocks from Metra's two busiest railterminals, was a better fit for the Tetra Tech employees whocommute, suggests Connor Kerr of CB Richard Ellis, who representedthe company along with Lisa Konieczka. Mike Curran and Steve Smithof Jones Lang LaSalle, which has its US headquarters in Aon Center,represented TIAA. Although terms were not disclosed, recentpublished net lease rates at 1 S. Wacker Dr. start at $12 persf.

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