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CalEast and Gazeley joint venture restates and extends financing with Eurohypo

May 2010

Client(s) LaSalle Investment Management, Inc.

Jones Day advised LaSalle Investment Management, Inc. in connection with the €75.3 million (US$96.5 million) restatement of the financing arranged by Eurohypo of the joint venture between CalEast Global Logistics, LLC, an owner of millions of square feet of industrial real estate, and Gazeley, a global provider of sustainable logistics space, to develop bulk distribution opportunities in Europe. CalEast is a real estate operating company whose members include LaSalle Investment Management, Inc. and The California Public Employees' Retirement System (CalPERS).

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