Library Books Lease Deals on Northwest Side

The larger, and richer, deal is for 7,605 sf at 4400 W. Lawrence Ave. in the Albany Park community, at $13.39 per sf. The library system will pay property owner John Rentas $101,820 a year under a lease renewal, which allows the tenant to opt out of the deal with 90 days notice.

Meanwhile, the library is renting 4,000 sf of office space at 2335-37 W. Chicago Ave. in the West Town community. Property owner Michael Guardino of Arlington Heights will receive $30,120 per year under the deal, which also gives the city the right to opt out of the agreement on 90 days notice.

Elsewhere in Chicago, Borders Books & Music has leased Hyde Park Bank and Trust Co.'s new 25,000-sf building at 53rd Street and Lake Park Avenue in the Hyde Park neighborhood. InSite Real Estate Development and Mid-America Realty represented Borders while Bruce Kaplan of Northern Realty represented the bank.

The former 1,008-sf Bottega Veneta space at 840 N. Michigan Ave. has been filled by Paris -based footwear retailer René Mancini. Northern Realty's Mable Gin represented René Mancini in a deal that also involved Stone Real Estate, which represented Bottega Veneta, as well as U.S. Equities Realty, which represented property owner Earl Christy.

Also, Hallmark Cards took 3,000 sf at 125 S. Clark St., the headquarters for the Chicago Board of Education, while Eyelines took 1,700 sf at 28 S. Clark St. Northern Realty's Kim McGuire represented Hallmark Cards, while U.S. Equities represented the Chicago Board of Education.

Other retail deals include South Texas Dental taking 5,000 sf at a new shopping center at Madison and Western avenues; H&R Block taking 2,000 sf and GameStop 1,200 sf at Jeffrey Plaza at 71st Street and Jeffrey Boulevard in South Shore; and Quizno's grabbing 1,466 sf at Riverview Plaza at Western and Roscoe avenues. Oak Brook, IL-based Mid-America Asset Management, Inc. represented the shopping center owners.