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News release

Suffern, N.Y.

Jones Lang LaSalle tapped by Dress Barn to Market 893,000 SF Industrial Building in Suffern, N.Y.

Jones Lang LaSalle also retained to identify new office space for company’s relocation


SUFFERN, N.Y., Feb. 2, 2011 — Jones Lang LaSalle today announced that it has been retained by Dress Barn as the exclusive broker for the sale or lease of the company’s 893,000-square-foot warehouse/distribution building located at 30 Dunnigan Drive in Suffern, N.Y. It will also select a site for the retailer’s headquarters relocation.  In late 2010, Dress Barn decided to move its warehouse operation to a facility it owns in the Midwest.  The company plans to vacate the Suffern warehouse by summer.

Jones Lang LaSalle’s Robert Martin, Lisa Kiell, Rob Kossar, David Knee, Blake Chroman and Chris Hile will lead efforts.

“The Tri-State Logistics Center provides users with a unique opportunity to acquire or lease one of the largest blocks of modern warehouse/distribution space in the immediate area,” stated Kossar. “The property’s strategic location makes it an ideal regional distribution center for companies to service customers or replenish retail stores throughout the Tri-State region.”

The building boasts modern features such as a 32-foot clear ceiling, ample loading doors, rail access, heavy power, and sufficient surface area for trailer and car parking. The property contains approximately 16 acres of excess land that can be extended or for used additional car/trailer parking. The property, which was designed to accommodate one or multiple occupants, has ample existing office space to accommodate a corporate headquarters facility too.

The Tri-State Logistics Center is located at Exit 14-B off the New York Thruway (Interstates 87/287) and is situated in close proximity to the Garden State Parkway, Tappan Zee Bridge, Routes 17 and 9W, I-684 and I-84.  The property is located approximately one mile from the New York/New Jersey border.

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.