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News release

DALLAS, TX

Jones Lang LaSalle Negotiates Five Office Industrial Transactions in Dallas-Fort Worth


DALLAS, July 11, 2013 – Jones Lang LaSalle today announced the completion of six transactions, totaling 146,611 square feet of office and industrial space.

The Office Tenant Representation Group completed 77,211 square feet:

  • Pacific Union Financial, LLC, a national mortgage banker and servicer headquartered in Irving, Texas has leased 59,000 square feet of office space at Browning Place II, located at 1603 LBJ Freeway in Dallas, Texas. The new space will accommodate up to two hundred fifty (250) new employees needed to support the company’s loan servicing platform and expanding origination channels. Pacific Union Financial currently leases 42,000 square feet of space at 8900 Freeport Parkway in Irving, Texas and also has offices located in San Ana, California, Phoenix, Arizona and Fairfax, Virginia.   JLL Managing Director Steve Thelen and Associate Conor McCarthy represented the tenant.  Transwestern Managing Director Duane Henley represented the landlord, Regis Realty Prime, LLC.
  • Cadence renewed its 11,298-square-foot office lease at International Business Park located at 6400 International Parkway in Plano, Texas.  JLL Vice President Rachel Brown and Managing Director Steve Thelen represented the tenant.  Peloton Commercial Principal Trevor Franke represented ARI- International Business Park, LLC.
  • Pond Robinson & Associates recently expanded at Hall Office Park, located at 2595 N. Dallas Parkway in Plano, Texas, bringing its total building footprint to 6,913 square feet.  JLL Managing Director Steve Thelen and Vice President Andy Leatherman represented the tenant.  Hall Financial Group Director of Leasing Kim Butler and Leasing Associate Tammy Nellis represented the landlord.

The Agency Leasing Group completed 19,415 square feet:

  • Canal Center, located at 400 E. Las Colinas Boulevard in Irving, Texas leased 19,415 square feet of office space to Martin Fletcher.  JLL Executive Vice President James Esquivel and Vice President Blake Shipley represented the landlord, LaSalle Investment Management.  CBRE Executive Vice President Josh White and Senior Vice President Chleby Sanders represented the tenant.

The Industrial Group completed 49,985 square feet:

  • Suddath leased 49,985 square feet of industrial space at 2700 112th Street in Grand Prairie, Texas.  JLL Vice President Nathan Orbin represented the tenant. Lincoln Property Company Senior Vice President Michael Peinado represented the landlord, MP Post & Paddock.

About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet and completed $63 billion in sales, acquisitions and finance transactions in 2012. Its investment management business, LaSalle Investment Management, has $47.7 billion of real estate assets under management. For further information, visit www.jll.com.