JLL ARRANGES SALE-LEASEBACK OF BOX MANUFACTURING FACILITY

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VALPARAISO, IND. — Jones Lang LaSalle (JLL) has arranged the $15.2 million sale-leaseback of a corrugated box manufacturing facility located in Valparaiso. Situated at 3155 State Road 49, the 506,650-square-foot facility was constructed in 2002 and is one of the world’s largest corrugated box manufacturing buildings. It features two 110-inch BHS corrugators and nine finishing machines. It is occupied by Conyers, Ga.-based Pratt Industries, which executed a long-term leaseback of the property upon its sale to Chicago-based FT & NW Investments. JLL’s Matthew

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