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News release

Palo Alto, CA

Jones Lang LaSalle Selected to Sublease 700,000 S.F. at McClellan Business Park


PALO ALTO, CA, July 6, 2009 – Jones Lang LaSalle has been awarded the assignment to sublease approximately 700,000 square feet of heavy-power manufacturing/R&D/warehouse space at McClellan Business Park in the city of McClellan, in Sacramento County, California on behalf of OptiSolar Technologies Inc, a Hayward-based solar company (www.optisolar.com).
 
Jason Ovadia, Kevin Ahaesy, Bryan Huarte, Derek Johnson and Bart Lammersen of Jones Lang LaSalle will handle the assignment.  “This is a very attractive opportunity for a clean-tech, big box or manufacturing user to secure space in a building that has already received significant power and mechanical upgrades as well as enhancements to the surrounding transportation infrastructure,” said Bart Lammersen, Managing Director.
 
“This is a truly unique asset available on very flexible lease terms for the right user,” added Derek Johnson, Vice President.  Johnson pointed out that the property sits within a four-million-square-foot business park close to Interstates 5 and 80 offering easy access to downtown Sacramento, the Central Valley, Southern California and the San Francisco Bay Area.  The park has onsite rail access and is within 15 minutes of Sacramento International Airport and the Port of Sacramento’s deep shipping channel.
 
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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