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News release

DALLAS, TX

Jones Lang LaSalle Negotiates 80,770 Square Feet of Office and Industrial Space


DALLAS, June 1, 2012 – Jones Lang LaSalle today announced the completion of five office and industrial transactions, totaling 80,770 square feet.

The Office Tenant Representation Group completed 28,353 square feet:
  • Lain Faulkner and Co., a local CPA firm, signed a 12,530-square-foot extension on its office lease at The Hartford Building, located at 400 N. Saint Paul Street in Dallas.  Jones Lang LaSalle Managing Directors Calvin Hull and Carl Ewert represented the tenant.  JP Realty Partners Leasing Analyst Chad Traxler represented the landlord, Liberty Bankers Life Insurance Co.
  • Bacardi USA signed an extension on its 8,176-square-foot office lease at Granite Park III, located at 5601 Granite Parkway in Plano.  Jones Lang LaSalle Senior Vice President Brooke Armstrong and Associate Rachel Brown represented the tenant.  Granite Properties Inc. Leasing Manager Robert Jimenez represented the landlord, Granite Park III LTD.
  • Gentiva renewed its 6,647-square-foot office lease at 2630 West Freeway in Fort Worth. Jones Lang LaSalle Vice President Ryan Matthews and Associate Sandy Holton represented the tenant.  The landlord, Park Gardens LP, was self-represented.
The Industrial Group completed 52,417 square feet:
  • Sun Coast Farms Texas, LLC leased 26,820 square feet of industrial space at Valwood 42, located at 1640 Wallace Drive in Carrollton.  Jones Lang LaSalle Managing Director Terry Darrow and Vice President Forshey Hoobler represented the tenant.  Holt Lunsford Managing Principal Scott Moore represented, Cobalt. 
  • Schindler Elevator leased 25,597 square feet of industrial flex space at Park 114, located at 6641 N. Beltline Road in Irving.  Jones Lang LaSalle Vice President Forshey Hoobler and Senior Associate Michael Haggar represented the tenant.  Stream Realty Partners Associate Jeremy Kelly represented ORIX.
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.