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News release

RICHMOND, VA

JLL and Adler Realty Services Complete 42,700 SF of New Deals and 52,200 SF of Renewals at Byrd Center Business Park in Richmond


RICHMOND, Va., June 17, 2014 – JLL has completed 11 new lease transactions at the Byrd Center Business Park in Richmond totaling 42,708 square feet.  Additionally, JLL and Adler Realty Services, LLC have renewed 52,268 square feet of existing tenants. 

“We are focused on delivering the leading business park and attracting a great array of tenants to one of the premier business park locations in Richmond,” said William “Bill” Sapon, Senior Property Manager with Adler Realty Services, LLC.

The Byrd Center Business Park is comprised of 10 buildings and totals 479,519 square feet. This flex and industrial development is in the East End/Airport Industrial submarket. 

Jake Servinsky and Scott Keeton lead the JLL leasing team for Byrd Center Business Park.

“By being extremely responsive to prospects and market conditions, as well as structuring competitive deals, we have secured a number of new leases at Byrd Center Business Park,” said Servinsky.  “We expect this leasing momentum to continue through 2014 and beyond.” 

The transactions include the following:

  • Crossfit Krijger leased 8,390 square feet at 5604-06 Charles City Circle;
  • Civitas Health Services leased 5,790 square feet at 5661-63 South Laburnum Avenue;
  • McCoy Water Filter leased 4,870 square feet at 5755 Charles City Circle; 
  • Atlantic Door Control leased 3,182 square feet at 5631 Corrugated Road;
  • Caster Depot leased 3,106 square feet at 5659 South Laburnum Avenue;
  • Storefront Glass, Door and More LLC leased 2,460 square feet at 5701 Charles City Circle;
  • Sun Seasoned Raw Foods leased 2,420 square feet at 5731 Charles City Circle; and
  • Carlson Environmental leased 2,420 square feet at 5723 Charles City Circle.

About Adler Group
Adler Group, headquartered in Miami, Florida, and its affiliates offer a seamless network of services designed to maximize the value and strength of the organization’s real estate assets. Throughout its history, Adler Group has developed, acquired and operated in excess of 20 million square feet of industrial, office, retail and residential real estate. Today, by means of relationships with a prestigious list of institutional and private investors and nationally recognized financial lenders, the company owns and manages an extensive real estate portfolio comprised primarily of multi-tenant industrial and office properties located in strategic markets throughout the Southeast, Mid-Atlantic and Southwest United States. In the past 2 years, Adler Group has acquired commercial assets in Florida, Tennessee, Virginia, Maryland and Texas. For further information, please visit www.adlergroup.com.

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 fee revenue of $4 billion, JLL has more than 200 corporate offices and 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 $48.0 billion of real estate assets under management. JLL is the brand name of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.​