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News release

DALLAS, TX

JLL Closes Sale of International on Turtle Creek


DALLAS, March 22, 2016 – On behalf of Jim Lake Properties, JLL Capital Markets experts today announced the firm has closed the sale of the International on Turtle Creek in Dallas’ Design District. Stockdale Investment Group purchased the 154,332 RSF property.

Managing Director Adam Howells led the team on the transaction.
“The Dallas Design District is one of the most vibrant submarkets in all of DFW,” said Howells. “With the dynamic growth and great location, The International on Turtle Creek is fundamentally great real-estate with long term upside.”

Over the past ten years, the Design District has transformed into a customer friendly, urban playground where food, art, and design all come together to create one of the fastest growing, highly desirable areas in downtown Dallas.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2015 alone, JLL Capital Markets completed $140 billion in investment sale and debt and equity transactions globally. The firm's Capital Markets team comprises more than 2,000 specialists, operating all over the globe.

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. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 230 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $56.4 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.