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Company signs lease on new distribution center in Dallas area
Dallas, July 22, 2016 – JLL today announced the firm successfully negotiated a new 86,100 square foot industrial lease for Shorr Packaging. The packaging solutions company's new distribution center will be in Wildlife Commerce Park, Building II located at 2250 Lion Country Parkway in Grand Prairie, Texas. This is the company's first location in Texas.
JLL Managing Director Craig Jones, SOIR and Associate Elizabeth Jones negotiated the lease on behalf of the tenant. Will Mundinger, John Bateman, and Drew Tappan represented the landlord, Crow Holdings.
"DFW is one of the strongest economic markets in the nation," said Jones. "By adding this new facility, Shorr Packaging acquires a centralized location that will deliver services to our continually expanding corporate base and assist in increasing the quality of service for their customers nationally. We're thrilled to play a role in expanding the company's national presence and welcome them to Texas."
Shorr Packaging is based in Aurora, Illinois and currently has 15 locations across the United States.
About JLLJLL (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 280 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 $58.3 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.
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