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News release

Lake Forest, CA

Jones Lang LaSalle Completes 28,700 SF Lease for Trimedyne in Lake Forest, CA


LAKE FOREST, CALIF., June 30, 2010 – Jones Lang LaSalle represented Trimedyne in a multi-year, 28,700-square-foot lease renewal at 25901 Commercentre Drive in Lake Forest, California.  This one building property serves as the company’s headquarters.

Trimedyne, Inc. is a manufacturer of lasers and disposable fiber optic delivery devices for use in a variety of surgical applications including, urology, orthopedics, ENT surgery, gynecology, GI surgery, and general surgery.

David Y. Cantwell, Executive Vice President of Jones Lang LaSalle, represented Trimedyne in the transaction.  Curt Stalder of Lee & Associates represented the landlord, a private investor.

“Trimedyne took advantage of the current commercial real estate market conditions and achieved substantial more favorable lease term saving thousands of dollars,” said Cantwell.

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.