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News release

Irvine, CA

SouthCoast Foundation Signs 29,000-Square Foot Lease in Irvine, Calif.


IRVINE, CALIF., APRIL 16, 2009 – SouthCoast Foundation, has executed a 10-year lease with Greenlaw Partners for 29,000 square feet at 2727 Campus Drive in Irvine, Calif.
 
SouthCoast Foundation is a multi faceted not-for-profit foundation created for the purpose of instituting and coordinating various community based activities and programs throughout Southern California.  The new facility will house the church, pre-school and counseling/recovery center. 
 
Joe Bevan, Vice President of Jones Lang LaSalle, represented South Coast Trust Foundation on this transaction.  Brian Garbutt of Lee & Associates represented the landlord, Greenlaw Partners.
 
"The biggest challenge we faced was finding a facility large enough to house our various programs” said Sam Mian, executive director, SouthCoast Foundation.  This larger campus provides us with a better opportunity to serve our community."
 
According to Beven, the Jamboree corridor area is extremely attractive with its high visibility and nearby amenities.
 
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 2008 global revenue of $2.7 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 1.4 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 $46 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.