JLL Nabs 2M SF of Leases

WEST DES MOINES, IA-Jones Lang LaSalle was awarded the leasing assignments of three malls, two in New Mexico and one here, totaling more than 2 million sf. The deal brings the company’s number of US malls and the retail portions of transportation centers it manages to 52.

Atlanta-based Gregory Greenfield & Associates owns the two New Mexico centers, Mesilla Valley Mall, in Las Cruces, and Villa Linda Mall, in Santa Fe. Dillard’s, J.C. Penney and Sears anchor the 572,600-sf Mesilla Valley. The same tenants anchor the 569,500-sf Villa Linda, as well as Mervyn’s.

Valley West DM, a limited partnership, owns the local, 858,500-sf Valley West Mall. J.C. Penney, Von Mauer and Yonkers anchor that center, which gets more than 12 million annual visitors.