Hugh Williams, with Cushman & Wakefield, represented Tranein the lease transaction. Julie Mertins, assistant VP of leasingfor Prime Group, represented the building owner in the leasetransaction. The facility was constructed on a build-to-suit basisfor Trane, Mertins says.


The trust has had a number of new leases lately theirChicagoland locations. American Express Travel Related Services Co.Inc. and Environmental Resources Management Inc. have both renewedleases at the Continental Towers office complex, 1701 Golf Road,Rolling Meadows, IL. American Express has leased 23,726 sf in TowerThree since March 1990, Mertins says. Paul Buckingham and PeterLivaditis, both with CB Richard Ellis, represented American Expressin the lease renewal while Mertins represented Prime Group.Environmental Resources Management Inc. has occupied 23,608 sf inTower One of the complex since February 2006 when they had asublease for the space, Mertins says. "The new lease will commencein September 2008," she says. The term of the lease is reportedlyseven years. Steven Joseph and Noah Turner, both with CBIZGibralter Real Estate Services LLC, represented Environmental inthe lease transaction while Mertins represented Prime Group.Thecomplex has three office buildings with a total of 910,796 sf. Thecomplex is currently about 80% leased, Mertins tells asking lease rate is between $14 and $16 per sf, net. Othermajor tenants in the building include Komatsu America Corp. andFifth Third Bank, she says.


A "health care provider" also recently signed a lease for 22,030sf at 2315 Enterprise Dr., which is part of the Enterprise CenterII complex, Mertins tells Mertins would not disclosethe name of the tenant but said that it is a new location for theprovider. The two single-story buildings that comprise theEnterprise Center II complex were constructed in 1986 and have atotal of 62,580 sf. The complex is 100% leased, Mertins says.Tenants in the complex include ThyssenKrupp Elevator and ProSourceFinancial.

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