Winthrop Realty Trust, announced that it signed a new lease with Joseph T. Ryerson & Son, Inc. for the 3-story, 54,000 square foot 1050 Warrenville Road, Corporetum Office Campus, in Lisle, IL. It is located less than 30 minutes southwest of O�Hare International Airport and approximately 40 minutes west of downtown Chicago. Acquired by WRT-1050 Holdings LLC in early 2006, it had been previously vacant for five years. Ryerson, a leading fabricator and distributor of steel products, leased the entire building under a long-term agreement. Jay Stewart, formerly of Trammell Crow, now with Grubb & Ellis, represented the tenant Ryerson in the transaction. �Despite the property�s extended vacancy, the 1050 building�s infrastructure offered Ryerson, as sole occupant, the ability to engage its worldwide data center, as well as provide first-class office space and incredible I-88 identity for the company. Both Winthrop and Ryerson were able to capitalize on the building�s attributes and exploit the tightening current market conditions,� said Dru Shoemaker, Leasing Agent for J.F. McKinney, who represented the building on behalf of Winthrop Realty Trust. About Winthrop Realty Trust Winthrop Realty Trust (NYSE:FUR) is a real estate investment trust (�REIT�) engaged in the business of owning and operating real property and real estate related assets through our ownership of assets, loans secured by real property and equity and debt securities of other publicly traded and privately owned real estate companies.
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