Cupertino, CA-based Telocity Inc. signed a long-term lease for 51,670 sf of office space at the e•port building, 600 W. Chicago Ave., just northwest of Chicago's Loop. The tenant, founded in 1997, is a nationwide provider of integrated high-speed broadband services through digital subscriber line technology to the residential market. This will be the firm's first facility outside of Silicon Valley and it will house the firm's sales solution division.
Telocity was referred to Podolsky Northstar by Telocity's California broker, San Jose-based CPS Inc., through its international brokerage network, Corfac International.
The three million sf e•port building, formerly owned by Montgomery Ward and used as a catalog warehouse, was acquired by e•port 600 LLC. The buyer renovated and upgraded 1.5 million sf of the building for high-tech telecommunications tenants. Three levels of parking and residential units are planned for the eight-story mixed-use complex as well.
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