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News release

MIAMI, FL

Jones Lang LaSalle Completes Two Industrial Sales Totalling 75,000 SF in Miami (Doral), FL


MIAMI, Nov. 10, 2011 — Jones Lang LaSalle recently completed two industrial building sales totalling nearly 75,000 square feet with a combined value of $5,875,000 in Doral. The Miami-based team sold a 30,700-square-foot warehouse at 9475 NW 13th Street, Doral FL for $2,200,000 to Sky Mart Investments, LLC and 9800 NW 17th Street, Doral, FL, a 44,100-square-foot warehouse for $3,675,000 to KG International, Inc. 

The Jones Lang LaSalle team including Managing Director Steven J. Medwin, SIOR, CCIM, Vice President, Nick Wigoda and Executive Vice President, Harry E. Wardell, SIOR represented C-III Realty Services, a special-servicer, which foreclosed on the two industrial assets earlier in the year.
 
Jones Lang LaSalle has approximately 526 employees providing real estate expertise across all major markets in Florida including leasing, both tenant and landlord representation, property management, project and development services and investment sales. Jones Lang LaSalle’s leasing and management portfolio has more than doubled in the past year to 23 million square feet which includes some of the state’s most iconic buildings.  The firm was recently named one of ‘Florida’s Best Companies to Work For’ by Florida Trend magazine.

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 $47.9 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.