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News release

DALLAS, TX

MetLife Names Jones Lang LaSalle Leasing Agent for 3811 Turtle Creek Boulevard

Premier office property located in the Dallas submarket of Uptown/Turtle Creek


DALLAS, August 23, 2011 — Jones Lang LaSalle announced that it has been retained as exclusive leasing agent for Turtle Creek Centre, a 312,000-square-foot building in the Uptown/Turtle Creek submarket located at 3811Turtle Creek Boulevard. This property, owned by MetLife, is a centrepiece of the Uptown/Turtle Creek Class A office market. The building is currently 82 percent leased, major tenants including Communications Sciences Corporation, Wilson Associates and Jackson Lewis, LLP.

Jones Lang LaSalle Senior Vice President Daryl Mullin, Managing Director Steve Everbach and Analyst Conor McCarthy are directing leasing efforts at the property.

Situated on Turtle Creek Blvd, Turtle Creek Centre's tenants enjoy excellent views, and nearby restaurants and shops. Renovated in 2008, this impeccably maintained building is one of the highest quality buildings in the market. Features include exceptional common areas, a health facility with locker rooms and showers, a deli, and on-site security and management. The building is very attractive to tenants because of its location, the quality of the building, convenient area amenities along with its stable ownership and reputation for impeccable service.

According to Jones Lang LaSalle research, the Uptown submarket has the highest concentration of Class A space of the Dallas office submarkets. The Dallas market has posted three consecutive quarters of strong positive net absorption, and all current economic indicators point to a much more robust Dallas office market throughout the year.

 “We are excited to establish a relationship with MetLife,” said Mullin. “This building is one of the most prestigious in the Uptown/Turtle Creek submarket, and we anticipate significant interest in this property.”

This assignment brings Jones Lang LaSalle’s total leased and managed portfolio in the Dallas-Fort Worth area to more than 13 million square feet, not including sublease or industrial product.
 
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 70 countries from more than 1,000 locations worldwide, including 200 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 $45.3 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.