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Wells REIT II Selects Jones Lang LaSalle as New Leasing Team at Tampa Commons
TAMPA, June 27, 2011 – Jones Lang LaSalle has won the exclusive leasing contract for Tampa Commons, at 1 N. Dale Mabry Highway, in Westshore. The Class-A, multi-tenant office tower was built in 1984 and acquired by Wells REIT II in 2005. Tampa Commons is a 13-story, 255,000-square-foot landmark standing on the northeast corner of the well-traveled intersection of Dale Mabry Highway and Kennedy Boulevard.
Jones Lang LaSalle’s Deana Adams, Vice President and Sharon Bragg, Vice President will lead leasing efforts. “We are looking forward to re-introducing Tampa Commons to the brokerage community and look forward to showcasing the multiple capital improvement projects currently underway.” said Sharon Bragg. “We’ll be able to offer prospective tenants competitive rates and flexible space options at a great location.”
This assignment comes just a year after Jones Lang LaSalle was selected to exclusively lease the iconic, 36-story, 527,000-square-foot SunTrust Financial Centre in downtown Tampa and The Pointe on Rocky Point Island in Westshore. Jones Lang LaSalle has approximately 380 employees providing real estate expertise across all major markets in Florida including agency leasing, property management, project and development services, capital markets and tenant representation. The firm is responsible for the leasing and management of more than 12 million square feet of commercial space across the state.
About Wells REIT IICurrently, the Wells REIT II portfolio includes 95 office buildings in 24 states and Washington, D.C., covering more than 22 million square feet. Wells REIT II closed to new investments on June 30, 2010. For more information on Wells REIT II, visit http://www.wellsreitii.com/.
Wells Real Estate Funds, advisor to Wells REIT II, is a national real estate investment company founded in suburban Atlanta in 1984. In its history, Wells investment offerings – current and closed – have invested more than $11 billion in real estate for more than 250,000 investors. For more information on Wells Real Estate Funds, visit http://www.wellsref.com/.
About Jones Lang LaSalleJones 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.
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