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News release

Clinton

Jones Lang LaSalle Appointed Exclusive Leasing and Sales Agent for 111 Cokesbury Road in Clinton, N.J.


CLINTON, N.J. January 27, 2009 — Jones Lang LaSalle Incorporated (NYSE: JLL), the leading integrated financial and professional services firm specializing in real estate, today announced that it has been retained as the exclusive leasing and sales agent for 111 Cokesbury Road, a 729,000-square-foot warehouse/distribution building in Clinton, N.J.
 
This property, which is owned by a venture that includes Heritage Capital Group, is situated on approximately 100 acres and is an ideal location for a company’s regional distribution operations.  The building is strategically located along toll-free Interstate 78, which provides a direct route to the ports of Newark and Elizabeth.
 
The building is available for lease or sale, and can be demised to accommodate multiple tenants.  It offers 24 to 35-foot ceiling heights, existing office space, ample dock doors and parking for up to 200 trailers.
 
Handling this assignment for Jones Lang LaSalle is the industrial brokerage team of Rob Kossar, David Knee, Chuck Fern, Joel Lubin, Bob Sager, Chris Hile and Blake Chroman.
 
“The 111 Cokesbury building is ideally suited for companies that need a regional distribution building that can effectively service the Northeast market,” said Kossar.  “Additionally, since the property is available for sale as well as lease, it could be a great fit for a user and/or investor.” 
 
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 2007 global revenue of $2.7 billion, Jones Lang LaSalle has approximately 180 offices worldwide and operates in more than 700 cities in 60 countries.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.2 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 $54 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com