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News release

SOUTH BEND, IN

Lippert Components, Inc. Signs 539,137 SF Lease in South Bend, IN

JLL Represents Holladay Properties in Full Building Lease


SOUTH BEND, IN – APRIL 14, 2014 - Goshen, IN-based Lippert Components Inc. has leased the former A.J. Wright Distribution Center , a 539,137-square-foot industrial building at 1902 W. Sample Street in South Bend, IN.

JLL’s Executive Vice President Steve Schwegman, SIOR, and Senior Vice President Matt Dickerson, SIOR, CCIM; and Vice President Scott Duerkop represented the building owner. Brad Toothaker and Dan Skodras with Bradley Company represented the tenant.

The company, which supplies a full line of components for manufacturers of recreational vehicles and manufactured homes, plans to utilize the space to consolidate its aftermarket parts sales and customer support services operations. The building is in the Interstate 80 Commerce Center on the southwest side of South Bend.

“This state-of-the-art facility provides Lippert Components with room for future expansion as it continues to service the growing RV industry," Schwegman said. "The building offers a centralized location for its parts distribution and customer service functions, along with plenty of space for showroom displays and hands-on dealer training."

Built in 2005, 1902 W. Sample Street has 514,590 square feet of warehouse space and 24,547 square feet of office space on a 71 acre site. The property is about four miles south of the South Bend Regional Airport and less than five miles from I-80, a well traveled logistics corridor that runs through Chicago and into other Midwest markets.

The distribution center also features 88 dock doors, 1 drive-in door, 32-46 clear ceiling heights, 343 trailer stalls and 600-foot building depth. The tenant is expected to begin equipping the South Bend building immediately and start hiring local employees for warehousing, distribution and light manufacturing operations.

About JLL
JLL (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 billion, JLL operates in 75 countries worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3 billion square feet and completed $99 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $47.6 billion of real estate assets under management. For further information, visit www.jll.com.