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News release

Costa Mesa

Jones Lang LaSalle Completes Lease for Dacor at Plaza Tower in Costa Mesa, Calif.


COSTA MESA, CALIF., April 15, 2010 – Jones Lang LaSalle represented Dacor in a lease for office space at Plaza Tower at 600 Anton in Costa Mesa, California.  Serving as the company’s new headquarters, Dacor was previously located in Diamond Bar, Calif. for the past eight years. Dacor is a market leader in luxury kitchen appliance design, manufacturing and distribution Garrick Shupe of Jones Lang LaSalle represented Dacor.  Dick Frost of South Coast Plaza represented the landlord, C.J. Segerstrom & Sons. 

“The headquarters relocation is the latest in a series of steps taken by our company over the past two years to realign operations, consolidate corporate functions, increase efficiencies and reduce costs, to ready the company for new growth,” said Dacor Chairman/CEO Michael Joseph.  "Jones Lang LaSalle was able to provide us with a variety of cost-effective options in the market, and I am very pleased that we’ll be able to move our company to this area, which has so much to offer."

Plaza Tower is situated in an amenity rich area in a sophisticated business environment across from South Coast Plaza and within walking distance of approximately 40 restaurants.

“In 2009, the Plaza Tower earned the LEED-EB Gold Certification for its environmentally friendly construction and operation, thus making the new space additionally attractive to Dacor because it is consistent with the company's commitment to the conservation of the environment,” said Shupe.
 
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 2009 global revenue of $2.5 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 $40 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.