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News release

Jones Lang LaSalle Negotiates Two Transactions in Dallas/Fort Worth Totaling 62,034 Square Feet


DALLAS, Sept. 20, 2011 – Jones Lang LaSalle today announced the completion of two transactions in Dallas/Fort Worth totaling 62,034 square feet.

The Office Tenant Representation Group completed 10,003 square feet:
  • Lipscomb & Cathey Insurance leased 10,003 square feet of office space at St. Paul Place, located at 750 N. Saint Paul St. in the Dallas CBD. Jones Lang LaSalle’s Managing Director Brad Selner and Vice President Brooke Armstrong negotiated the lease on behalf of the tenant. Peloton’s Grant Sumner represented the owner, Saint Paul Place Acquisition Partners, LP.

The Industrial Group completed 52,031 square feet:

  • Valwood Park III, located at 1920 Diplomat Drive in Farmers Branch, leased 52,031 square feet of industrial space to 1Sol Tech, Inc. Jones Lang LaSalle’s Senior Vice President Kacy Jones and Vice President Forshey Hoobler represented the owner, RREEF. Tim Strandberg with 3L Realty represented the tenant.
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 70 countries from more than 1,000 locations worldwide, including 200 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 $45.3 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.