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CHICAGO-Recent lease deals are examples of the relative health of Downtown submarkets. North Michigan Avenue has emerged as one of the strongest submarkets, while the West Loop continues to see its vacancy rate rise.

While vacancy in North Michigan Avenue is 11.86% when sublease space is included, it is 15.61% in the West Loop, according to Jones Lang LaSalle’s first-quarter market report.

Hyperfeed Technologies, Inc. has extended its lease at 300 S. Wacker Dr., but is shedding 9,000 sf in the process. The market data technology provider will reduce its lease with Lincoln Property Co. to 15,000 sf in a deal pegged at $2 million.

Leasing activity at 676 N. Michigan Ave. has included a new 5,525-sf lease at Liberte Investor; a renewal and expansion by Wind Point Investors, LLC to 7,827 sf; an expansion to 4,002 sf for Systems Capital; a 6,931-sf renewal by Bosley Medical; a 2,279-sf renewal by Sorsby Financial; and 785-sf renewal by Aspen Pines Management.

Back in the West Loop, Fifield Properties is offering a 2003 Mercedes SL55 convertible to brokers who bring a 175,000-sf tenant to its 550 W. Adams St.

U.S. Equities Realty leasing agent Mike Kazmierczak represented HCD Chicago, owner of the building.

Cushman & Wakefield director Richard L. Plonsker represented Hyperfeed Technologies while Lincoln Property’s Genny Emerson represented her company.

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