Skip Ribbon Commands
Skip to main content

News release

Miami, FL.

Jones Lang LaSalle Wins NAIOP Deal Award in South Florida

Firm wins ‘Industrial Lease Transaction of the Year’


MIAMI, Feb. 17, 2011 — Jones Lang LaSalle’s Miami-based industrial brokerage team won the ‘Industrial Lease Transaction of the Year’ award at this year’s NAIOP South Florida Awards of Excellence on February 15, 2011. Jones Lang LaSalle represented the landlord, Morgan Stanley Real Estate in the 342,750-square-foot, long-term lease to Bel, Inc. at Lincoln Logistics Park in Medley.

The winning team comprised of Managing Director, Steve Medwin, SIOR, CCIM, Executive Vice President, Harry Wardell, SIOR, and Vice President, Nick Wigoda.

“This was the largest industrial lease in South Florida in more than two years and brought occupancy at Lincoln Logistics Park to 97 percent,” said Jones Lang LaSalle’s Steve Medwin.  “It’s a real testament to the quality of the properties at the Park and its stellar location and proximity to the Latin American gateway.  It also shows that market activity in the region is on the road to recovery.”

NAIOP South Florida Chapter is one of six chapters in the state of Florida, with currently over 400 members - representing constituents in Miami-Dade, Broward, Palm Beaches, Martin and St. Lucie Counties.

Jones Lang LaSalle has approximately 380 employees providing real expertise across all major markets in Florida including agency leasing, property management, project and development services, capital markets and tenant representation.  The firm is responsible for the leasing and management of more than 12 million square feet of commercial space across the state.

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 2010 global revenue of more than $2.9 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 1.7 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 $41 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.