Piedmont, GE Unit Renew Lease For Chicago Office

Law360, New York (December 5, 2011, 7:26 PM EST) -- Real estate investment trust Piedmont Office Realty Trust Inc. has completed a 15-year lease renewal and expansion with GE Capital for its Chicago office, Piedmont announced Monday.

Piedmont said that GE Capital renewed 292,000 square feet of its current lease and under the terms of the new lease is obligated to add at least 79,000 square feet of office space over the next two years.

Linda Fiore, managing director of GE Capital's Chicago business development, said in a statement that the company's expansion of its offices...
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