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News release

SAN DIEGO, CA

Jones Lang LaSalle Negotiates Two Leases Totaling 64,897-SF in San Diego


SAN DIEGO, Nov. 15, 2012 – Jones Lang LaSalle’s brokerage team completed two leases totaling 64,897 square feet of space, representing the landlord in both transactions. 

  • NuVasive, Inc. renewed its lease of 62,367 square feet of space at Towne Centre Technology Park, located at 4545 Towne Centre Court in San Diego. Jones Lang LaSalle’s Managing Director Jay Alexander and Executive Vice President Tony Russell negotiated the lease on behalf of Arden. The tenant was represented by Craig Irving of The Irving Group. The 12-month lease is valued at $1.6 million.

  • Concordia Communities LLC leased 2,530 square feet of space at Beachwalk, located at 437 South Pacific Highway 101 in Solana Beach. Jones Lang LaSalle’s Managing Director Jay Alexander and Associate Chaneng Joe negotiated the lease on behalf of The Muller Company. The tenant was represented by Brooks Campbell of Cassidy Turley. The 63-month lease is valued at $414,700.

Jones Lang LaSalle is a leader in the San Diego commercial real estate market. The firm employs approximately 120 of the area’s most recognized industry experts offering services in brokerage, capital markets, facility management and project development services. In 2011, the San Diego team completed 3.74 million square feet in lease transactions and directed $34.5 million in project management and currently leases and/or manages more than 5.5 million square feet in the market.

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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 2011 global revenue of $3.6 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 2.1 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 billion of assets under management. For further information, please visit www.joneslanglasalle.com.