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LISLE, IL-Great Lakes REIT has filled a large void at its 148,514-sf Lisle Executive Center in the vacancy-plagued East-West Corridor with a six-year lease with Boulder, CO-based Intrado, Inc. The company is taking 28,749 sf, two-thirds of the vacant space in the building at 3030 Warrenville Rd.

The building, which had a 28% vacancy rate earlier this year, was a top priority for the Midwest office REIT’s effort to increase occupancy despite a softening rental market. Although terms were not disclosed, Great Lakes was offering the space at rates 15% to 20% below competing buildings in the East-West Corridor, where the high-tech and dot-com fallout has pushed vacancy rates, before considering sublease space, into double digits.

However, Great Lakes continues to pursue two possible suburban Chicago acquisitions, following the $26-million purchase of 1600 W. Golf Rd. in northwest suburban Rolling Meadows.

Formerly known as SCC Communications Corp., Intrado is the largest and fastest-growing provider of 9-1-1 services and telecommunications technology systems in North America.

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