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DALLAS, June 13, 2011 – Jones Lang LaSalle today announced the completion of three transactions throughout Dallas/Fort Worth totaling 302,147 square feet.
The Office Tenant Representation group completed 52,165 square feet:
• Wingspan renewed and expanded its 52,165-square-foot lease at 4100 Midway in Carrollton, Texas. Jones Lang LaSalle’s Managing Director Jeff Staubach and Vice President Brooke Armstrong represented the tenant. Trevor Franke, Principal with Peloton Commercial Real Estate, represented Billingsley Company.
The Industrial group completed 249,982 square feet:
• PPG Architectural Finishes leased 147,216 square feet of industrial space at 121 Lakepointe Crossing, located at 2525 E. State Highway 121 in Lewisville, Texas. Jones Lang LaSalle’s Managing Director Tom McCarthy and Senior Vice President Kacy Jones worked in coordination with Managing Director Trevor Ragsdale in Chicago on behalf of the tenant. Blake Kendrick, Vice President with Stream Realty, represented the owner, Lakepointe Investors.
• Chick Packaging Group recently singed a 102,766-square-foot lease at 204 Airline Drive in Coppell, Texas. Jones Lang LaSalle’s Managing Director Terry Darrow, Senior Associate Michael Haggar and Vice President Forshey Hoobler negotiated on behalf of the tenant. CB Richard Ellis’ Steve Trese and Adam Hammack represented the landlord, TIAA.
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 60 countries from more than 1,000 locations worldwide, including 185 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $43 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.
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