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News release

DALLAS

Jones Lang LaSalle Negotiates 88,496 Square Feet of Office and Industrial Space


DALLAS, June 28, 2012 Jones Lang LaSalle today announced the completion of four office and industrial transactions, totaling 88,496 square feet.

The Office Tenant Representation Group completed 80,496 square feet:

  • Arbitron Inc. extended its 26,541-square-foot office lease at the Dallas Infomart located at 1950 Stemmons Freeway in Dallas. Jones Lang LaSalle Managing Director Bo Bond represented the tenant. The landlord was self-represented by DCI Technologies Chief Operating Officer Spencer Mullee.
  • Launch Agency signed an 11,974-square-foot lease renewal and expansion at International Business Park, located at 4100 Midway Road in Carrollton. Jones Lang LaSalle Managing Director Jeff Staubach and Senior Vice President Brooke Armstrong represented the tenant. Peloton Principal Trevor Franke and Vice President Aarica Mims represented the landlord, CB Office 10 LTD.
  • MetroPCS signed and extension and expansion at Tollway North Office Park, located at 6501 Windcrest in Plano, to raise its total office lease to 65,981 square feet. Jones Lang LaSalle Managing Directors Bo Bond and Carl Ewert represented the tenant. Transwestern Principal Kim Brooks and Senior Vice President Justin Miller represented the landlord, KBS.

The Industrial Group completed 8,000 square feet:

  • Freeman Signs purchased an 8,000-square-foot industrial building located at 1711 South I-35E in Carrollton. Jones Lang LaSalle Senior Vice President Michael Swaldi and Vice President Michael Haggar represented the seller, Bank of America. They buyer was self-represented.

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