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News release

RICHMOND, VA

Stone Brewing Company Coming to Richmond, VA

JLL helps 10th largest craft brewer find East Coast production facility and distribution center


RICHMOND, VA, OCT. 10, 2014 -- JLL announced today that it worked with Stone Brewing Company of Escondido, California on the selection of its Richmond East Coast production and distribution facility. 

Stone’s 192,800-square-foot production and distribution facility will be built by the City of Richmond Economic Development Authority and located in the Fulton Bottom area of the city at the intersection of Williamsburg Avenue and Nicholson Street.  It will also include a bistro and gift shop located in the adjacent Intermediate Terminal building.

Stone received in excess of 300 responses to its original RFP for an East Coast facility and engaged JLL to assist with the selection process. JLL helped Stone evaluate different East Coast cities and sites, as well as water quality, supply chain, incentives and many other metrics. In the end, Richmond was the top choice given its location and other attributes, not the least of which was a site adjacent to and with access to the James River.

Scott Keeton, Vice President, JLL, provided site selection and other services.

“Richmond prevailed among a large pool of options because of the city’s thriving artisan, craft food and beverage scene,” said Scott Keeton, Vice President, JLL. “Lots of credit is due to both the Commonwealth of Virginia and the City of Richmond for their hard work in bringing Stone to Richmond.”   

“Stone not only makes great beer, but is also a great corporate citizen. They do so much in the communities where they are located and will have a very positive impact in our town,” added Keeton. 

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 $4.0 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $50.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.