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News release

EAST RUTHERFORD, NJ

Jones Lang LaSalle Secures 176,783 SF for L’Occitane in South Brunswick, NJ

Firm represents international cosmetics company in lease of 176,783-SF, Class A warehouse/distribution facility in Exit 8A submarket


EAST RUTHERFORD, NJ, February 4, 2014 — Jones Lang LaSalle has completed a new transaction for L’Occitane en Provence at 120 Herrod Boulevard in South Brunswick, N.J. The international cosmetics company signed a long-term lease for the 176,783-square-foot Class A warehouse and distribution facility owned by Forsgate Industrial Partners LP.

L’Occitane was represented by David Knee, senior managing director, and Blake Chroman, senior vice president, with JLL. The building owner, Forsgate, was represented in-house by Catherine Argenio, director of leasing.

“L’Occitane needed to expand its distribution footprint to better serve its growing retail and e-commerce businesses in North America,” said Knee. “We scoured the New Jersey market for high-quality, well-located facilities, and we believe we found an ideal facility for our client’s operations.”

“We evaluated numerous buildings throughout Northern and Central New Jersey,” said Chroman. “Simply put, the facilities located near Exit 8A represented the best overall value for our client, not only based on rent, but also when labor and transportation costs were included in the analysis. Within the Exit 8A submarket, the Herrod Boulevard facility had the best features and specifications for L’Occitane’s operations.”

L’Occitane signed a long-term lease for the entire 176,783-square-foot warehouse and distribution facility at 120 Herrod Boulevard, located between Thatcher Road and Forsgate Drive in South Brunswick, N.J. The property is just a few blocks from Exit 8A of the New Jersey Turnpike. The international cosmetics company is relocating to 120 Herrod Boulevard from its previous location at 1270 Valley Brook Avenue in Lyndhurst, N.J.

The Class A warehouse and distribution facility at 120 Herrod Boulevard was constructed in 1986 and includes 11,104 square feet of office space. The warehouse portion of the building offers 26-foot ceiling heights with 16 loading docks and 198 parking spaces.

JLL is a leader in the northern/central New Jersey commercial real estate market, with more than 500 professionals and support staff providing agency leasing, tenant representation, industrial services, strategic consulting, project and development services, property management and investment sales/capital markets services to New Jersey's leading corporate tenants, investors and landlords. The firm, which assists clients from three full-service offices in Parsippany, Iselin (Metropark) and East Rutherford, also acts as local service provider for JLL global and national corporate clients in need of real estate assistance in New Jersey.

About L’Occitane International S.A.
L’Occitane International S.A. (the “Company”) is a global, natural and organic ingredient-based cosmetics and well-being products manufacturer and retailer with strong regional roots in Provence, France. The Company has five brands (L’Occitane en Provence, L’Occitane au Brésil, Melvita, Le Couvent des Minimes and Erborian) in its portfolio and is committed to developing and retailing high quality products that are rich in natural and organic ingredients of traceable origins and respect for the environment.

About Forsgate Industrial Partners LP
Forsgate Industrial Partners is a private real estate developer and investor that owns and manages 10 million square feet of industrial buildings. The firm is committed to building and administering a portfolio of the highest quality and to retaining it. It believes that design excellence and quality construction add value at a faster rate than they add cost. It is this approach that allows Forsgate to continue to attract the highest caliber tenants and employees who appreciate the investments the firm has made. As a large private company, Forsgate has no shortage of capital or organizational capacity. It is the firm’s discerning standards that monitor its growth. Forsgate continues to search for sites, with or without buildings, which allow the firm create environments in which companies can thrive. With these standards, Forsgate continues to build what has become one of the finest collection of industrial buildings in the country.

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 $4.0 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 3.0 billion square feet. Its investment management business, LaSalle Investment Management, has $47.6 billion of real estate assets under management. For further information, visit www.jll.com.​