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CHICAGO-ISPAT Inland, Inc., a subsidiary of ISPAT North America, has signed a long-term lease renewal for 37,719 sf at 30 W. Monroe St., otherwise known as the Inland Steel building. ISPAT Inland was formerly known as Inland Steel until 1998.

The company says it considered a build-to-suit near its East Chicago, IN manufacturing plant before deciding to stay put in the first skyscraper built after the Depression. Constructed in 1957, the landmark building is now owned by St. Paul Insurance.

Julien J. Studley, Inc. executive vice presidents Richard Schuham and John Goodman along with Dawn Clayton represented ISPAT while Ted Holman of NAI Hiffman represented St. Paul Insurance.

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