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News release

Chicago

Jones Lang LaSalle Inks Two New Deals at Northwest Plaza


CHICAGO, June 4, 2009 – Jones Lang LaSalle today announced that it has brokered two new leases totaling more than 35,000 square feet of space on behalf of Fulcrum Asset Advisors at Northwest Plaza, 9701 and 9801 West Higgins Road in Rosemont.  Clear Wireless, LLC, leased 20,688 square feet while Mediterranean shipping Corporation leased 14,463 square feet of space.
 
Jones Lang LaSalle Leasing Director Rick Benoy represented building ownership, a partnership managed by Fulcrum Asset Advisors.  Mitchell Loveman and Kevin Duckler of Newmark Knight Frank represented Clear Wireless, LLC, and Gregg Raus from Jones Lang LaSalle represented Mediterranean Shipping Corporation.
 
Clear Wireless, a high-speed Internet provider based in Kirkland, Washington will be opening a new Chicago-area office in August.  Leading global container shipping company, Mediterranean Shipping Corporation, will relocate from 10400 West Higgins in Rosemont in July.   
 
“The fact that both Clear Wireless and Mediterranean  chose Northwest Plaza over several alternatives in the market illustrates the exceptional value at this highly visible, well-located Rosemont property,” said Benoy.
 
Northwest Plaza located in the O’Hare submarket is a 328,000 square foot, Class B+ office building ideally located between the Northwest Tollway (I-90) and the Tri-State Tollway (I-294).  Jones Lang LaSalle is the exclusive leasing agent for the property. 
 
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 2008 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.4 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 $41 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.
 
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