Skip Ribbon Commands
Skip to main content

News release

Tracy, CA

Jones Lang LaSalle Announces Sale of 159,040-Square-Foot Former Dow Chemical Manufacturing Facility


TRACY, CA, Oct. 18, 2010 – Jones Lang LaSalle announced today that it has completed the sale of 400 Gandy Dancer Drive, a 159,040-square-foot and 26-acre former manufacturing facility owned by Dow Chemical in Tracy to local buyer AEJ Properties.  Terms of the transaction were not disclosed.

AEJ is a Tracy-based trucking company.  The company intends to occupy the property after relocating its business from a nearby location on East Grant Line Road.   

Jason Ovadia and Kevin Ahaesy of Jones Lang LaSalle’s Northern California Logistics and Industrial Services team represented Dow Chemical in the transaction.
 
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.