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News release

Chicago, IL.

Jones Lang LaSalle Markets 909 Davis for Sale in Suburban Chicago

Class A office building is 95 percent leased to high quality tenants


CHICAGO, June 30, 2011 — Jones Lang LaSalle today announced the firm’s Capital Markets experts have been hired to market the Class A building known as 909 Davis Street for sale in the Chicago submarket of Evanston, Illinois.  The 195,245-square-foot, six-story building is located directly between both a Metra and a CTA “L” stop in the heart of Evanston.  

Leading the Jones Lang LaSalle team on this transaction are Managing Directors Jim Postweiler and Bruce Miller, Vice President Jascint Vukelich and Associate Nooshin Felsenthal.

“This property is 95 percent leased to high quality tenants and will drum up significant demand amongst investors,” said Postweiler.  “The property’s prime location and potential upside will also be driving factors in its appeal.”

The property was completed in 2002 and offers high quality construction, on-site security, climate-controlled below grade parking, access to two nearby garages and close proximity to a host of retail amenities.  The CTA’s Purple Line, as well as Metra’s Union Pacific/North Line, are just steps away from the property’s door.  The property also has a 12,498-square-foot retail portion that is not for sale, but provides tenants on-site access to national retailers.

Jones Lang LaSalle Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for our clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2010 alone, Jones Lang LaSalle Capital Markets completed $43 billion in investment sale and debt and equity transactions globally. The firm’s dealmakers completed $33 billion in global investment sales and buy-side transactions, equating to nearly $140 million of investment trades completed every working day around the globe. In the United States, Jones Lang LaSalle grew its office broker volumes by 257 percent in 2010 and is quickly gaining market share across all property types. The firm’s Capital Markets team comprises approximately 800 specialists, operating in 185 major markets worldwide.

About Jones Lang LaSalle

Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 60 countries from more than 1,000 locations worldwide, including 185 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $43 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.