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News release

ATLANTA, GA

Jones Lang LaSalle Selected to Manage Century III Mall in West Mifflin, Pennsylvania


ATLANTA,  Sept. 19, 2011 — Jones Lang LaSalle announced that it was named as the property and leasing manager for Century III Mall, a 1,193,000-square-foot regional shopping and retail center located in West Mifflin, Pennsylvania, 10 miles from downtown Pittsburgh.

The fourth-largest shopping mall in the region, Century III was built in 1979 between the Allegheny County Airport and the Pleasant Hills business district. The mall houses more than 100 retail shops, anchored by Macy's, JCPenney, Sears and Dick's Sporting Goods.

The property will maintain its strong management team led by General Manager Gina Mercorelli along with the dedicated support of a regional team within Jones Lange LaSalle’s Retail Group. The leadership transition received support from West Mifflin Mayor Christopher Kelly.

“Century III Mall is not only a premier retail hub in the heart of Southwest Pennsylvania, but also a major contributor to the Alleghany County economy,” said Greg Maloney, President and CEO of Jones Lang LaSalle Retail. “It’s home to stores, restaurants and entertainment, which draws a large customer base from both Pennsylvania and Ohio. We look forward to bringing our national expertise to bear.”

As the leading retail service provider, Jones Lang LaSalle Retail boasts the largest third-party retail management portfolio in the country. The firm's 87 million-square-foot retail portfolio consists of more than 300 regional malls, strip centers, power centers, lifestyle centers, ground-up development projects, mixed-use centers, transportation terminals and over 6,000 retail ATM's and bank branches across 50 states. Globally, Jones Lang LaSalle (NYSE: JLL) has a retail portfolio of 269 million square feet of property under management and leasing, including more than 9,500 retail locations on four continents. Jones Lang LaSalle is the only global real estate services firm with a team of dedicated, full-time experts who deliver comprehensive and globally integrated services in Energy and Sustainability under one umbrella. The firm offers leading-edge, industry-unique technology, training and tools in energy and sustainability to maximize the benefits for its clients and the greater community.  For more information on Jones Lang LaSalle Retail, visit www.jllretail.com.
 
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 $41 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.