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News release

HOUSTON, TX

JLL Negotiates 39,925-Square-Foot Lease at Stafford Park Business Center

Executive Personal Computers, Inc. expands footprint at 12211 Parc Crest Drive


HOUSTON, April 4, 2016 – JLL today announced Executive Personal Computers, Inc. has signed a 10,400-square-foot expansion at Stafford Park Business Center, located at 12211 Parc Crest Drive in Stafford, Texas. The Missouri-based IT asset disposition company previously occupied 29,525 square feet of space at the industrial park.

With the lease expansion, EPC, Inc. will occupy a total of 39,925 square feet at the 78,458-square-foot multitenant warehouse and distribution facility.

JLL Vice President David Buescher negotiated the terms on behalf of the tenant. CBRE’s Faron Wiley represented the landlord, LIT Texas Limited Partnership, in the transaction.

“EPC was looking to expand because of their growing business needs. When additional space became available at their current location they took the opportunity to acquire it,” said Buescher.

Stafford Business Park is a Class A, 17-acre industrial park located in Houston’s southwest submarket approximately 20 miles from the city’s Central Business District. The southwest submarket encompasses nearly 40 million square feet of Houston’s warehouse and distribution inventory and posted approximately 3 percent positive net absorption for warehouse and distribution space in 2015. The property features ample parking, dock-high truck courts, and convenient access to U.S. 59 and Beltway 8.

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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.