DALLAS, October 20, 2009 – Jones Lang LaSalle announced today that it has brokered the following six transactions in the Dallas area:
• Universal Technical Institute purchased the 108,800-square-foot Regent Office Center building, located at 5151 Regent Boulevard in Irving. Jones Lang LaSalle Senior Vice President Josh White and Senior Associate Rob Kingsbury represented the tenant. Richard Crow and Marc Meyers represented the developer, Meyers & Crow Co. The sales price was not disclosed.
• U.S. Renal Care, Inc. leased 25,595 square feet of office space to serve as its corporate headquarters in the Park Center building, located at 2400 N. Dallas Parkway in Plano. Jones Lang LaSalle Managing Director Scott Collier, Senior Vice President Doug Carignan and Associate Cally Blankenship represented U.S. Renal Care. Trey Smith with Capstar Commercial Real Estate Services represented the landlord BentleyForbes.
• Allied Affiliated Funding renewed its 10,888-square-foot office lease at the Prestonwood Tower located at 5151 Belt Line Road in Addison. Chelby Sanders, Vice President with Jones Lang LaSalle, represented the tenant. Melissa Miller represented the landlord, Prestonwood Tower, LLP.
• Kimball International renewed its 8,676-square-foot office lease at 2100 McKinney Avenue in Dallas. Jones Lang LaSalle Vice Presidents Brooke Armstrong and Chelby Sanders represented the tenant. Celeste Fowden with CBRE represented the landlord, MetLife.
• Lockton, Inc. expanded its office lease by 6,562 square feet at the KPMG Centre, located at 717 Harwood in Dallas. Paul Whitman, President of Jones Lang LaSalle Dallas-Ft. Worth, and Brooke Armstrong, Vice President, represented the tenant. Duane Henley, Nathan Durham and Travis Ewert represented the landlord, Younan.
• Gulfstream Capital Partners subleased 1,382 square feet of office space at 100 Crescent Court in Dallas. Jones Lang LaSalle Senior Vice Presidents Jeff Eckert and James Esquivel represented Gulfstream Capital Partners. Peery Wood with Lincoln Property Company represented the sublessor.
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 $36 billion of assets under management. For further information, please visit our Web site,
www.joneslanglasalle.com.
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