Lease Brief, Industrial

Jones Lang LaSalle reported that Jacobson Warehouse Company, Inc. has signed a 436,410-square-foot industrial lease at Interport Distribution Center, Building Two, located at 13031 Bay Area Blvd. in Pasadena, Texas. Jones Lang LaSalle Senior Vice President John M. Talhelm and Vice Presidents Will Swanson and Kevin Erck represented the landlord, FR/CAL Interport, LP, a property owned by the California State Teachers Retirement System (CalSTRS). Principal Real Estate Investors is the advisor to CalSTRS for the property with Sealy & Company acting as property manager. CB Richard Ellis represented the tenant.