Colliers Bennett & Kahnweiler Inc. senior vice president Joseph J. Dvorak, SIOR, represented PSI, Inc. along with senior associate Keith A. Edelman. Colliers Bennett & Kahnweiler Inc. associate Peter O. Bourke represented the sub-lessor.
"Our focus was to significantly reduce occupancy costs for our client," Dvorak says. "We were able to provide PSI with the space and rental rates needed to satisfy their requirements."
Meanwhile, Pellettieri & Associates is relocating from 111 W. Jackson St. in the Loop to 16,125 sf at 1980 Springer Dr. in Lombard after signing a 10-year lease. Equis Corp. vice presidents Steve Schneider and Valter Kalaus represented Pellettieri & Associates while John Coleman of the Alter Group represented building ownership.
Equity Office Properties picked up a new tenant at One Lincoln Centre in OakBrook Terrace, where Dallas-based Internet consulting firm Buchanan Associates has signed a three-year lease on 9,165 sf. Richard Plonsker and Joe Day of Cushman & Wakefield represented Buchanan Associates.
In Oak Brook, Legato Systems, Inc. signed a five-year lease for 5,961 sf of new office space at 1301 W. 22nd St. in the Oak Brook Executive Plaza. The technology firm relocated from Equity Office Properties' Westbrook Corporate Center. Equis associate Jeff Miller represented Legato Systems and Diana Riekse of Cushman & Wakefield represented the building owner.
On the other end of the East-West Corridor, St. Louis-based investment firm A.G. Edwards & Sons, Inc. has signed a five-year lease on 4,756 sf in the United Community Bank building at 1026 Ogden Ave. in Lisle. Equis Corp. senior vice president Michael Bishop and associate Josh Wheeler represented A.G. Edwards & Sons.
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