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News release

Phoenix, AZ.

Jones Lang LaSalle Completes 133,317-SF Lease for Toyota Financial Services

Five-Year Renewal Keeps Company in Chandler, Ariz.


PHOENIX, March 24, 2011 – Jones Lang LaSalle has completed a five-year, 133,317-square-foot lease renewal for Toyota Financial Services. The renewal preserves the company’s presence at San Tan Corporate Center I, located at Ray Road and the Loop 101 freeway in Chandler, Ariz., where Toyota conducts administrative and call center functions.
 
Toyota Financial Services is a leading provider of automotive financial services, offering an extensive line of financing plans and vehicle and payment protection products to Toyota, Lexus and Scion customers and dealers in the U.S.
 
Toyota Financial Services has occupied the building at San Tan Corporate Center I since 2001. Recently, the property earned LEED Gold certification by the U.S. Green Building Council—the leading, nationally accepted third-party verification program for green buildings.
 
Greg Bast and Wally Hale, Managing Directors in Jones Lang LaSalle’s Phoenix office, and Wade Clark and Ronda Clark, Executive Vice Presidents in Jones Lang LaSalle’s Orange County office, represented Toyota. Jones Lang LaSalle worked directly with the landlord, Wells Real Estate Investment Trust II, on the transaction.
 
Jones Lang LaSalle is a leader in the Phoenix commercial real estate market. Employing approximately 350 of the area’s most recognized industry experts, the firm offers office and industrial brokerage, tenant representation, facility and investment management, capital markets and development services. In 2010, the Phoenix team completed 3.2 million square feet in lease transactions, directed $60 million in project management and currently has 13.5 million square feet under management.
 
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 more than 1,000 locations worldwide, including 185 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 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.