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News release

St. Louis

Jones Lang LaSalle Represents Findlay Industries in 78,000 SF Industrial Sale in Chesterfield

Firm also leases 9,960 sf office/warehouse in Chesterfield


ST. LOUIS, December 21, 2009 — Jones Lang LaSalle announced that its industrial team recently completed two key transactions in the Chesterfield submarket of St. Louis.
 
The Painters Union District Council purchased a 78,000-square-manufacturing building at 18036 Eads from Findlay Industries.
 
John Langa, Vice President, of Jones Lang LaSalle with Heather Evans of Reisch Haley co-listed the property.  Block Hawley represented the buyer.
 
Sitting on 10.24 acres, the Findlay Industries’ building is located near the Chesterfield Airport.  It features 20-foot clear ceiling heights, 12 docks and four drive-in doors. The Painters Union District Council will use the property as a new training center.
 
In the second transaction, Birkel Electric leased 652 Trade Center Boulevard, a 9,960-square-foot office/warehouse.  This high-end service center is owned by GGR, LLC, the Trade Center building and features 2,000 square feet of office space.
 
Langa represented building ownership.
 
Jones Lang LaSalle’s Industrial Presence Growing in St. Louis
 
In addition to these recent industrial transactions, Jones Lang LaSalle is marketing several prominent properties in the area, including Park 370 Distribution Center, a 213,558-square-foot, modern bulk warehouse at 1619 370 Park in Hazelwood; Gravois Bluffs II, a 154,000-square-foot modern bulk warehouse in Fenton and 10.24 acres of industrial land at 18081 Chesterfield Airport Road in Chesterfield.
 
“Our industrial capabilities have grown over the past few years in response to our rapidly growing list of local and national clients,” said Langa.  “We are committed to the St. Louis industrial real estate market and ensuring that our real estate owner and occupier clients receive the best strategic and value-oriented industrial services in the market.”
 
About Jones Lang LaSalle
 
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2008 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.4 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $37 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.