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News release

DALLAS, TX

Jones Lang LaSalle Negotiates 123,816 Square Feet of Office and Industrial Space


DALLAS, May 7, 2012 – Jones Lang LaSalle today announced the completion of three office transactions, totaling 110,428 square feet.

The Office Tenant Representation Group completed 110,428 square feet:
  • Parago renewed its 63,721-square-foot office lease at 700 State Highway 121 in Lewisville.  Jones Lang LaSalle Managing Director Steve Thelen and Vice President Brooke Armstrong represented the tenant.  TIC Properties Partner John Hoctor represented the landlord, TIC Properties. 
  • Mortgage Contracting Services, Inc., located in International Business Park at 6504 International Parkway in Plano, renewed and expanded its lease by 15,755 square feet, raising its building footprint to 46,707 square feet.  Jones Lang LaSalle Senior Vice President Alan Wood and Managing Director Steve Thelen represented the tenant.  Peloton Commercial Real Estate Principal Trevor Franke and Associate Arrica Mims represented the landlord, Billingsley. 

The Agency Leasing Group completed 13,388 square feet:

  • At Oilwell Supply Building, located at 2001 North Lamar Street in Dallas, White Space, LLC leased 13,388 square feet of office space.  Jones Lang LaSalle Senior Vice President Daryl Mullin and Vice President Blake Shipley represented the landlord, Capital Commercial Investments. Colliers International Senior Vice President David Wetherington represented the tenant.
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 $47.2 billion of assets under management. For further information, please visit www.joneslanglasalle.com.