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News release

Dallas

Jones Lang LaSalle Lands Two Long-Term Leases in Dallas Metroplex


DALLAS,  July 20, 2009 — Jones Lang LaSalle, the worldwide financial and professional services firm specializing in real estate, today announced that it has brokered two leases totalling nearly 60,000 square feet of space across the Dallas area.
 
Cinemark Holdings, Inc. (NYSE: CNK), the world’s second largest motion picture exhibitor, has signed a seven-year, 27,346 square-foot lease for network operating center and warehouse space at Frisco Commerce Center, located at 10570 John W. Elliot Road in Frisco, Texas. Andy Leatherman and Jeff Staubach of Jones Lang LaSalle’s Dallas office represented Cinemark in the transaction. Bob Hagewood from Stream Realty Partners represented the landlord Panattoni.
 
Capstead Mortgage Corporation has renewed its 9,747 square-foot office lease for 10 years at Lincoln Park, located at 8401 N. Central Expressway in Dallas. Elysia Ragusa, Steve Thelen and Brooke Armstrong from Jones Lang LaSalle represented Capstead in the deal, while Jeff Montgomery of Lincoln Property represented the landlord. 
 
“Our most recent work demonstrates that there continues to be important leasing activity in the market,” said Paul Whitman, President for Jones Lang LaSalle Dallas-Fort Worth. “We are proud to have been able to leverage current market conditions to secure these deals.”
 
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.