Bank One Building Leads Way in Suburban Leasing

Meanwhile, Hodges, Loizzi, Eisenhammer, Rudick & Kohn has taken 12,155 sf at 3030 Salt Creek Lane in Arlington Heights.

Also, Home Warranty of America relocated from Northbrook to 7,200 sf at 1534 Barclay Blvd. at Rogers Centre for Commerce while Kiphis Rosen & Bloom has leased 5,067 sf at 5550 W. Touhy Ave., Skokie.

Vacancy in the north suburbs is 22.8% when sublease space is considered, according to U.S. Equities Realty, while vacancy is 31.4% in the northwest suburbs.

Although lease terms were not disclosed, asking gross rental rates are $23 per sf at Duke Realty Corp.'s 100,952-sf Atrium II building in Arlington Heights while The Missner Group's Skokie building has an asking gross rate of $22 per sf.

HSA Commercial SVP Wayne Shulman represented Bank One.

The Staubach Co. SVP Dan Maslauski and managing principal Mike Sessa represented Northern Trust, while Don Oldmixon of Park Ridge Building LLC handled negotiations for ownership. The bank will use the space for a personal financial services office.

Colliers Bennett & Kahnweiler Inc. principal David R. Kahnweiler and senior associate Keith A. Edelman represented Hodges, Loizzi, Eisenhammer, Rudick & Kohn, a law firm, while Steve Holmberg handled negotiations for Indianapolis-based Duke Realty Corp.

Norman Ross of Arthur J. Rogers & Co. represented Rogers Centre for Commerce, while Bill Mass of Golub & Co. represented Home Warranty of America.

Edelman and associate Peter O. Bourke represented Kiphis Rosen & Bloom, an accounting firm, while Barry Missner handled negotiations for his group.