Global electrical test solutions manufacturer more than doubles footprint in Dallas with acquisition
JLL successfully negotiates sale and acquisition of industrial assets for Megger
DALLAS, April 23, 2019 – JLL announced the successful disposition and acquisition of industrial properties in Dallas today on behalf of global electronic test equipment manufacturer Megger.
The industry leader in electrical diagnostic equipment sold their 60,000-square-foot manufacturing and training facility at 4271 Bronze Way, and acquired a stand-alone, 127,270-square-foot industrial facility, with high-end offices at 4545 West Davis, more than doubling the footprint of their previous facility.
JLL Managing Director Craig Jones and Senior Associate Caleb McCoy represented Megger in the transition of each property.
“Megger’s new, refreshed facility puts them in a great position to accommodate future growth, provides them greater access to quality talent, and allows them to better serve their clients, customers and employee needs,” said McCoy.
The new 4545 West Davis facility is now the company’s largest in the US. The manufacturer had occupied the previous facility for over 30 years.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, operations in over 80 countries and a global workforce of over 90,000 as of December 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com