Prime Group Realty Trust has announced that the staffing firm Creative Circle LLC signed a lease for 7,128 rentable square feet on the 14th floor of the company’s 330 N. Wabash building. The initial term of the lease is 5 1/2 years commencing on March 1, 2013.
With the addition of the Creative Circle LLC lease, 330 N. Wabash is approximately 89 percent leased. The building has leased more than 600,000 square feet and increased its leased area from 35 percent to 89 percent in just over 9 months.
330 N. Wabash was designed by architect Mies van der Rohe and completed in 1971. It was designated with landmark status by the City of Chicago in 2008. The owner of 330 N. Wabash Ave. is a joint venture between subsidiaries of Prime Group Realty Trust, a real estate investment trust headquartered in Chicago, and Five Mile Capital Partners LLC, a Connecticut-based commercial real estate and alternative investment firm. PGRT is the property and redevelopment manager and leasing agent for the property.
Creative Circle LLC was represented in its search by Allen Rogoway of Cresa Partners Chicago LLC and Carlo Brignardello of Cresa Partners Los Angeles. PGRT was represented by Steven Baron, its executive vice president of Leasing.
