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News release

Anaheim

Targus Renews 200,646-Square Foot Lease in Anaheim, Calif.


ANAHEIM, CALIF., JAN 22, 2009 –Targus Inc., a wholly owned subsidiary of Targus Group International, Inc., has executed a long-term lease renewal with Kilroy Realty for 200,646 square feet in Anaheim Technology Center located at 1211 North Miller Street in Anaheim, Calif.
 
Celebrating its 25th anniversary, Targus invented the laptop case and continues to advance the mobile accessories category with innovative and relevant solutions for today's mobile lifestyle.
 
Thomas Murphy, Senior Vice President and Jeffrey B. Ingham, Executive Vice President of Jones Lang LaSalle represented Targus on this transaction as well as international locations.  Rob Socci and Brian Corrigan of Voit Commercial Brokerage represented the landlord, Kilroy Realty LP.
 
“After carefully considering locations in the Inland Empire as well as Central Orange County, we concluded that remaining at Anaheim Technology Center was the best fit for our overall business strategy,” said Vic Streufert, Chief Financial Officer at Targus.  “We were able to take advantage of current market conditions and City inducements, and continue to maintain our prestigious corporate address within the planned City of Anaheim redevelopment zone.”
 
According to Murphy, the building is located in an exciting redevelopment area.  The Canyon will include the new Kaiser Permanente Hospital, a renovation of the former Boeing Campus and a mixed use transit oriented residential development with excellent access to the Metrolink and freeway systems.
 
About Targus Group International, Inc.
 
Celebrating its 25th anniversary, Targus invented the laptop case and continues to advance the mobile accessories category with innovative and relevant solutions for today's mobile lifestyle. Targus products enhance productivity, connectivity, and security, liberating users to work in any and all environments with the utmost convenience and comfort. Founded in 1983, Targus headquarters are located in Anaheim, Calif., with offices worldwide and distribution agreements in more than 100 countries. For more information on Targus visit www.targus.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 2007 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 1.2 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 $53 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.
 
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