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News release

BOSTON, MA

KS Partners Appoints Jones Lang LaSalle Leasing Agent for Four Property Metrowest Portfolio


BOSTON, November 9, 2011 — KS Partners LLC, a real estate investment and development company that owns and operates 2.1 million square feet of commercial property in the northeastern United States, has named Jones Lang LaSalle’s leasing team of Managing Director Phil DeSimone and Assistant Vice President Matthew Giffune exclusive agents for their 268,883-square-foot Metrowest Portfolio.
 
Jones Lang LaSalle was appointed to lease these five first class office and R&D buildings in Greater Boston: 115 & 117 Flanders Road and 2200 West Park Drive in Westborough, 333 and 337 Turnpike Road in Southborough. All of the buildings are located on or near Route 9 within minutes of the Mass PIke, have modern and efficient flex space and manicured landscaping.
 
115 Flanders is a two-story 65,000-square-foot office/R&D facility ½-mile from the intersection of I-495 and Route 9. It features a recently renovated two-story atrium lobby, and a state-of-the-art climate control energy management system. 2200 West Park Drive is a four-story 75,000-square-foot office building in Westborough Office Park at the I-495 and Route 9 interchange. Recent capital improvements include a new entrance leading to a four-story atrium lobby, high end interior finishes, oversized windows, and redundant fiber optics. The two-story 39,000-square-foot office/R&D buildings at 333 and 337 Turnpike Road are located directly on Route 9.
 
Current tenants in the buildings include: Boston Power, Sidera Networks, Arris Becker College, and Clark University.
 
“Phil and Matt have a tremendous track record in the Metrowest market,” said KS Partners Senior Vice President in charge of Asset Management and Leasing Chris Devaux. “We look forward to teaming up on a successful marketing campaign.
 
According to Phil DeSimone: “We welcome the opportunity to work with the entire KS team. We’re eager to help strengthen their presence in the market, and are confident that the marketplace will respond favorably to their flexibility, responsiveness, and ability to simplify lease transactions.”
 
About KS Partners 
KS Partners LLC is a commercial real estate owner and property management company which owns and manages income producing real estate assets in the Northeast. The KS Partners portfolio strives for value appreciation through the capitalization of improved leasing, repositioning or redevelopment opportunities. For more information, please visit www.kspartnersllc.com.
 
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.