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News release

Chicago

Food Manufacturer Moves Corporate HQ to Commerce Plaza in Oak Brook

TreeHouse Foods leases 48,000 SF; MetLife takes 14,000 SF to bring complex occupancy to 84%


CHICAGO, Sept. 2, 2010 — Jones Lang LaSalle announced today that TreeHouse Foods, Inc. (NYSE: THS), a leading maker of private-label foods, will move its corporate headquarters to a 48,000-square-foot space at 2021 Spring Road within the Commerce Plaza office complex in Oak Brook.

In addition, MetLife Bank N.A. has signed a lease for 14,200 square feet at 2015 Spring Road in the same complex. The two leases, totalling more than 62,000 square feet, bring the overall occupancy rate of the 555,500-square-foot Commerce Plaza to more than 84 percent.

Karla Harmon, a Jones Lang LaSalle Vice President, represented the property owner, Arden Realty, Inc., in both transactions. Commerce Plaza is one of five suburban office developments totalling approximately 3 million square feet that are leased by Jones Lang LaSalle for Arden Realty.

TreeHouse Foods is a five-year-old food manufacturer that services the grocery and foodservice channels with products including non-dairy powdered creamers, soups, salad dressings, salsa, sugar-free drink mixes, hot cereals, pickles, jams, and a variety of other food products The company is relocating from the Westbrook Corporate Center in Westchester where it leased approximately 33,000 square feet.  The move to Commerce Plaza will allow the company to expand its space and consolidate on two contiguous floors.
MetLife Bank, meanwhile, is new to the Oak Brook marketplace.

TreeHouse Foods was represented by David Lind of CB Richard Ellis while MetLife Bank was represented by Jones Lang LaSalle.

“With its excellent location and wide array of amenities, Commerce Plaza is one of the marquee buildings in the east-West Corridor and we are pleased to be adding two more outstanding companies to our tenant mix,” Harmon said.
 
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 $38 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.