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News release

Dallas

Jones Lang LaSalle Secures Leasing Assignment for Texas Health Resources in Dallas


DALLAS, January 28, 2009 – Jones Lang LaSalle, the leading integrated financial and professional services firm specializing in real estate, has been awarded a leasing assignment from Texas Health Resources for a 51,000 square-foot medical building located at 5750 Pineland Drive in Dallas.
 
Jim Yoder, investor services director for the Dallas office of Jones Lang LaSalle, will lead a team that includes Dana Jones and Matt Samler, who will manage the leasing assignment day to day.
 
“We are very pleased that Texas Health Resources has given us this opportunity,” said Yoder. “5750 Pineland offers a nice contiguous block of approximately 50,000 square feet of office space in close proximity to Presbyterian Hospital. The building can be leased to one company as a single tenant facility or can be leased to multiple smaller tenants.”
According to Jones Lang LaSalle research, the volume of prospective activity in the North Central Expressway submarket has increased over recent years, with steady growth and lowering vacancy rates. The Central Expressway submarket is poised for dynamic growth due to relatively inexpensive rates as compared to neighboring submarkets (Uptown and Preston Center), and convenient access to the high-end neighborhoods of Preston Hollow, North Dallas and the Park Cities.
 
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 $53 billion of assets under management. For further information, please visit our Web site, www.us.joneslanglasalle.com.
 
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