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News release

Los Angeles

Jones Lang LaSalle Completes 71,286 SF Industrial Lease in Los Angeles


LOS ANGELES, May 20, 2010 — Jones Lang LaSalle announced that it has completed a lease with Love Culture for 71,286 square feet of industrial space, including 18,550 square feet of office space, at a single tenant building located at 2423 23rd Street in Los Angeles, Calif. 

Jones Lang LaSalle’s team of Executive Vice President Paul Sablock, Senior Vice President Barry Hill, Vice President Greg Matter and Associate Zac Sakowski represented the landlord, Daumosh, Inc., in the transaction.  Bryan Lee and Kee Kwon of North American Properties represented the tenant.

“Daumosh was looking to lease their property quickly so it could move into its new building and avoid any vacancy,” said Sablock. “We were able to locate a tenant who was looking for an industrial building in the garment district which contained significant amount of high image office space.”

Founded in 2007, Love Culture is one of the fastest growing speciality retailers featuring the latest styles for women ages 14 to 40.

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.