(To read more on the net lease market, click here.)

CHICAGO-Little more than a month after acquiring the two-building, 631,445-sf Triangle Plaza office property for $92 million, the John Buck Co. has lured Wilson Sporting Goods Co. from a neighboring building. Wilson Sporting Goods a 105,564-sf lease at 8750 W. Bryn Mawr Ave., the east tower of Triangle Plaza, agreeing to move its headquarters from Equity Office Properties Trust’s President’s Plaza, another complex along the Kennedy Expressway.

Although terms were not disclosed, asking net lease rates at Triangle Plaza are $14 per sf, according to Black’s Guide. “Though we evaluated many different long-term real estate strategies, Triangle Plaza presented the most cost-effective opportunity,” says Studley executive vice president Terry Mostrom, who represented Wilson Sporting Goods Co. with assistant director Jason Volpe and managing director George Trojack.

The deal raises occupancy at Triangle Plaza to 94%, in an O’Hare submarket where vacancy stands at 21.1%, according to U.S. Equities Realty. MCI/Verizon, Alcan Packaging, Rexam and EMC are on the tenant roster. Vice president Howard Meyer, principal William R. Rolander Jr. and leasing associate Jon Cordell handled negotiations for John Buck Co.

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