Oct. 14, 2009 (PR Newswire) --
BATON ROUGE, La., Oct. 14 /PRNewswire/ -- The Lightstone Group today announced 12,000-square-feet of lease extensions at 11441 Industriplex Boulevard in Baton Rouge, La.
11441 Industriplex Boulevard features 35,596 square feet of office, showroom and warehouse space with flexible floor plans. The complex is easily accessible to Interstates 10 and 12, and Airline Highway and is situated in a highly visible, professionally landscaped environment, well known to the Baton Rouge business community.
Laboratory Corporation of America® Holdings, an S&P 500 company, has signed a 9,206-square-foot lease extension in the building. The company is a pioneer in commercializing new diagnostic technologies and provides leading-edge medical laboratory tests and services through a national network of primary clinical laboratories. LabCorp will continue to use this space as an office, as well as technology and laboratory purposes. Richard Juge of RE/Max Commercial Properties in New Orleans, La., represented the tenant.
Motorola, Inc., a leading provider of broadband communications infrastructure, enterprise mobility and public safety solutions to high-definition video and mobile devices, signed a 3,306-square-foot lease extension and will continue to use the space as a general office for sales and warehouse of products. Motorola was represented by Bill Gremillion of NAI/Latter & Blum of Baton Rouge, La.
"We are pleased to have secured these lease agreements with both LabCorp and Motorola at one of our top assets in the marketplace," said Jennifer A. Lee, director of marketing and leasing for Sealy & Co. "11441 Industriplex Boulevard offers tenants outstanding quality, flexible work space, and close proximity to the Airline/Jefferson industrial region of Baton Rouge."
To learn about leasing opportunities at 11441 Industriplex Boulevard or other industrial properties in Louisiana, contact Jennifer A. Lee, director of marketing and leasing for Sealy & Co.; and Lightstone's leasing representative at (504) 463-5600, ext. 11 or JenniferL@sealynet.com.
To learn about leasing opportunities throughout The Lightstone Group's portfolio of office and retail properties, contact Jeff Dash at (908) 668-8300 or jdash@lightstonegroup.com.
About The Lightstone Group
The Lightstone Group is one of the country's largest privately held real estate companies with interests in residential, office, retail, and industrial real estate assets. Principally through its operating entities including Prime Retail, a premier outlet retailer, Prime Group Realty Trust and Beacon Management. The company owns a diversified portfolio of more than 19,000 multifamily units, and 24 million square feet of office, industrial, and retail properties in 27 states, the District of Columbia, and Puerto Rico. Headquartered in New York, The Lightstone Group has approximately 1,150 employees and maintains regional offices in Maryland, South Carolina, Illinois and New Jersey. For more information, visit www.lightstonegroup.com.
SOURCE The Lightstone Group
