New tenants at the 38-story office building include Weltman, Weinberg & Reis Co. L.P.A., which will lease 7,260 sf; law firm Lannon, Lannon & Barr Ltd., which will lease 2,335 sf, and law firm Poulos & Bayer Ltd., which will lease 1,819 sf. Eight tenants renewed or expanded their space at the building. Performics Inc., which provides search engine advertising, has renewed its lease for 20,345 sf in the building. The company has been a tenant in the building since 2001, when it moved from 500 N. Michigan Ave.
Other tenants renewing space include the Illinois State Board of Investment for 5,865 sf; recruiting firm OnPoint Partners Inc. for 3,226 sf; Phillips Bros. Insurance Agency Inc. for 2,906 sf; the law firm of William J. Ralph for 1,437 sf; the law firm of Reza Baniassadi for 900 sf and Anina Travel service Inc. for 599 sf.
The terms of the leases were not disclosed. The annual rent is listed as $16 per sf triple net on Prime Group's website. Anita Pallardy, senior vice president with Prime Group Realty Trust, represented Prime Group in all of the transactions. The building, which was built in 1972 and renovated in 1999, is 99% leased, according to Prime Group's website. Current tenants include Accenture, Career Builder; Schwartz Cooper Chartered, Lanier Worldwide Inc. and Chicago Equity Partners.
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