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Playboy Signs Lease Renewal for 95,000-SF HQ

CHICAGO-Playboy Enterprises Inc. inks a long-term lease renewal for its 95,000-sf headquarters at the 2.2-million-sf Lake Shore Place, 680 N. Lake Shore Dr.

By Dana Dubriwny | Updated on August 23, 2006

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

CHICAGO-Playboy Enterprises Inc. has signed a long-term lease renewal for its 95,000-sf headquarters at Lake Shore Place, 680 N. Lake Shore Dr. The company has been a tenant at 2.2-million-sf Lake Shore Place since 1989 and will continue to occupy the entire 16th-floor penthouse space and the 15th floor.

Christie Hefner, chairman and chief executive officer of Playboy Enterprises, says the company looked at other alternatives, but the “convenience, amenities and visibility” of the current address could not be matched.

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