CHICAGO-CenterPoint Properties Corp., a publicly traded real estate investment trust, announced it has reached an agreement with AT&T Wireless Services Inc. to grant the cellular company a master lease covering more than 70 of CenterPoint’s industrial properties.
The sites are located in all Chicago area sub-markets from Milwaukee to South Bend, Ind. The agreement will allow AT&T to immediately begin due diligence on all CenterPoint property locations and to construct wireless transmission equipment on several sites.
“The desirability of our locations suggests that multiple wireless carriers also may have an interest in locating antennas with CenterPoint as permitted by the nonexclusive nature of our AT&T agreement,” said CenterPoint Chief Operating Officer Robert Stovall.
