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News release

Seattle

Jones Lang LaSalle Honored for Industrial Deal in Seattle


SEATTLE, February 18, 2009 — Jones Lang LaSalle industrial brokers Andrew Harnish and Chris Spofford were awarded First Industrial’s top five honors for representing First Industrial Realty Trust Inc., on its acquisition of a 233,000 square-foot industrial property portfolio in Seattle. The deal is one of the largest industrial deals to close in Seattle in 2008.
 
First Industrial, a leading provider of industrial real estate supply chain solutions, acquired the fully leased portfolio from investor Donald A. Berg for $17 million.
 
Vice President, Andrew Harnish (CCIM) and Associate, Chris Spofford of Jones Lang LaSalle in Seattle represented First Industrial receiving national recognition from First Industrial as the transaction was ranked among the Top 5 national deals in 2008.
 
The portfolio comprised three Class A distribution facilities located in the Kent Valley submarket, the largest submarket in Puget Sound. The buildings are proximate to the Ports of Seattle and Tacoma and the Seattle-Tacoma Airport and provides tenants with access to other major cities on the West Coast via Interstate 5.
 
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 2008 global revenue of $2.7 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 1.3 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 $46 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.