Inman

Two tenants renew in Oak Brook, Ill.

Prime Group Realty Trust, a Chicago-based real estate investment trust announced that two long-term tenants have renewed lease agreements for space in Oak Brook, Ill.

The value of the lease agreements was not disclosed.

In separate transactions, XO Communications Services Inc. has renewed its agreement for 32,210 square feet at 810 Jorie Boulevard, and Clearblue Technologies/Oak Brook Inc. has renewed its agreement for 16,780 square feet at 800 Jorie Boulevard, both in Oak Brook.

The Jorie Boulevard buildings are located in the heart of Oak Brook, a short distance to the Oak Brook Shopping Center, Butler national and park district golf courses and a variety of hotels and restaurants.

Alex Smith of Cushman & Wakefield represented XO Communications Services, a local and long distance communications and Internet provider for businesses only, and Jon Springer and Tim Reynolds of CB Richard Ellis represented Clearblue Technologies, a provider of Internet hosting and application services.

Julie Mertins represented Prime Group Realty Trust in both transactions.

Prime Group Realty Trust is owned by the Lightstone Group.


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