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Progress Report

04.03.2006 Beitler Represents Powell/Kleinschmidt, Inc.
 CHICAGO, IL - 04.03.2006

Beitler Properties LLC represented Powell/Kleinschmidt, Inc. in the renewal of their office lease at 645 North Michigan Avenue. P/K, an interior architectural firm since 1976, explored several options before deciding to renew its 5,420 square foot lease. Beitler was able to dramatically reduce P/K’s rent while achieving additional objectives which included a competitive tenant improvement allowance, rent abatement, an expansion option and the ability to redesign their eighth floor corridor.

John Paul Beitler III of Beitler Properties LLC represented P/K and Jill Payne of CB Richard Ellis represented ownership.
 
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