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News release

Chicago

Corinthian Colleges Selects Jones Lang LaSalle as Strategic Alliance Partner for Real Estate Services

Agreement Includes Project Management, Lease Administration, Facility Management and Tenant Representation Services for Owned and Leased Space in More Than 150 Locations


CHICAGO, June 3, 2009 — Jones Lang LaSalle announced today that it has been selected by Santa Ana, CA-based Corinthian Colleges, Inc. (Nasdaq: COCO), one of the largest post-secondary education companies in the U.S. and Canada, as its real estate strategic alliance partner.  Under the agreement, Jones Lang LaSalle will provide tenant representation, project management, facility management and lease administration services for Corinthian Colleges’ portfolio totaling approximately 4.5 million square feet in more than 150 buildings. 

“Our selection of Jones Lang LaSalle was based upon its proven ability to provide outstanding service, world class resources, a results-driven approach and a robust services platform,” said Peter Waller, President and Chief Operating Officer of Corinthian Colleges.  “Jones Lang LaSalle will assist us in achieving our corporate goals and objectives in the years ahead.”

“We are providing an integrated, strategic platform to help Corinthian make informed decisions on every real estate project and transaction,” said John Minks, International Director for Jones Lang LaSalle. “Aligning real estate activities with their overall strategic direction will help Corinthian maintain and expand its leadership position in the post-secondary education field.”

Largely comprised of educational facilities, the portfolio is located throughout the U.S. and in Ontario, Canada. 

About Corinthian Colleges, Inc.

Corinthian Colleges, Inc. is one of the largest post-secondary education companies in North America. The Company's mission is to prepare students for careers in demand or for advancement in their chosen field. Through its Everest and WyoTech schools, Corinthian offers diploma programs and associate's and bachelor's degrees in a variety of high-demand occupational areas, including healthcare, business, criminal justice, transportation technology and maintenance, construction trades and information technology.  For more information, go to Corinthian's website at http://www.cci.edu.

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 2008 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.4 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 Web site, www.joneslanglasalle.com.