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News release

Chicago

Jones Lang LaSalle Completes 80,730-Square-Foot Industrial Lease for Midland Paper Company


CHICAGO, May 6, 2010 —Jones Lang LaSalle announced today it has completed a lease for 80,730 square feet of industrial space for Midland Paper Company at 363 N. Third Avenue in suburban Des Plaines.

Kurt Sarbaugh, Robin Stolberg, and Kris Bjorson of Jones Lang LaSalle represented Midland Paper Company while Jonathan Kohn and Tom Rodeno of Colliers Bennett & Kahnweiler represented the landlord, ProLogis.

Midland selected the facility based on its proximity to its headquarters in Wheeling as well as ProLogis’ strong institutional ownership structure.

Built in 1966, the industrial facility, also known as the Des Plaines Distribution Center, is a 249,925-square- foot industrial facility that features 18 exterior docks, 21’ clear ceiling height, and convenient access to O’Hare airport and the I-294 expressway.
 
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 1.6 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 approximately $40 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.