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CityGate: Spec Vindication

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CityGate:  Spec Vindication
Yesterday, one of the last spec buildings built before the recession reached 90% occupancy. Calamos Real Estate's four-year-old, 212k SF CityGate Centre in Naperville signed a new 51k SF lease to RSA Medical.
 
CityGate center
We're told this is the building and not the most ornate greenhouse we've ever seen. J.F. McKinney's Dru Shoemaker repped Calamos, while Grubb & Ellis' Sven Sykes and Rick Morris repped the tenant. The LEED Silver building is just off Route 59 and I-88. The tenant, a medical risk underwriter and consulting firm, signed for the wholesixth floor and part of the fifth at 2135 CityGate Lane, a part of the mixed-use complex. Owner John Calamos says it reaffirms the relevance of such centers.