Telecom One is in a property formerly known as the Chernin's Shoes warehouse. It was rehabbed into a telecommunications facility. The facility's 115,000-sf first floor has 12'4" ceilings and slab floors to withstand heavy floor loads. The 90,000 sf second floor has 14' ceilings and a floor load of 150 lbs. per sf.

MFN, Level 3, Ameritech, Western Union, MCI WorldCom and Qwest all will offer fiber options for the building. Power in the property is expandable up to 150 watts per usable sf.

Switch & Data Facilities Co.'s network of carrier-neutral Convergent Network Centers enables Internet and telecommunications firms such as Internet service providers competitive local exchange companies, application service providers, data storage companies and telcos to economically and expeditiously enter new markets.

Andy Gloor and Tim Kazul of Insignia/ESG's Chicago office represented Sterling Bay Co., developer of Telecom One, in the transaction. Roy Dickie, vice president, real estate and construction for Switch & Data, represented the tenant.

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