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News release

ST. LOUIS, MO

Jones Lang LaSalle Marketing 100K Sq. Ft. St. Louis Property for Lease/Sale

Current and future space availability combines for one of the largest blocks of contiguous space in suburban market


​St. Louis, MO (October 15, 2013) — Jones Lang LaSalle has been named the exclusive marketing representative for a 100,000-square-foot flex-tech building at 11800-11846 Borman Drive within the Woodlands Tech Center. The building will be marketed by David Biales, CCIM, Vice President, and Matt Aljets, Senior Associate. 

The building, owned by a private investor, has almost 20,000 square feet of space that is available immediately for lease. An additional space totaling approximately 62,000 square feet, creating a block totaling almost 80,000 square feet, will be available in February 2014.

With that space available in February, the building will have the largest block of contiguous space in that marketplace. In fact, space is very limited for users requiring any more than 20-40,000 square feet. Currently, there are 10 buildings offering blocks greater than 25,000 square feet and only two to accommodate users requiring more than 40,000 square feet. The building also is available for purchase. 

According to Biales, in addition to being able to serve the needs of a large user, the building has a number of other advantageous features and benefits. The tenant relocating from a 62,000 square foot block, TALX/Equifax, maintained the space very well. While tenant improvement allowances are available, the space requires very little work for a new tenant.

Additionally, the property is located in close proximity to roadways and thoroughfares that provide great access to all areas of St. Louis, including both the Airport and St. Charles County.

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 $46.3 billion of real estate assets under management. For further information, visit www.jll.com.