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News release

CENTURY CITY, CA

Jones Lang LaSalle Completes 10,626-SF Office Lease with Kayne Anderson Capital Advisors in Century City

Firm now occupies 32,303-SF after signing new lease for 22,700-SF in the fourth quarter of 2010


CENTURY CITY, CA, Oct. 3, 2011 — Jones Lang LaSalle represented Kayne Anderson Capital Advisors in a lease for 10,626 square feet of office space at Gateway East, a 13-story, 286,000-square-foot, Class A office property located at 1800 Avenue of the Stars in Century City, Calif.  The firm will now occupy 32,303 square feet after signing a new lease for 21,677 square feet of space in the fourth quarter of 2010.
Jones Lang LaSalle’s team of Managing Directors John Ghiselli, Mike McRoskey and John McRoskey represented Kayne Anderson Capital Advisors in the transaction.  The property owner, Topa Management, was represented in-house by Darren Bell.

Gateway East is located in one of the world's premiere business districts at the northeast corner of Avenue of the Stars and just minutes from the I-10 and I-405 freeways.  The office property is within walking distance of several upscale and casual restaurants, a newly constructed movie theater, fitness clubs and more than 150 stores located in the Westfield Shopping Center including Macy's and Bloomingdale's.  A serene outdoor plaza featuring trees, ponds and a circular fountain surrounds the property.  Gateway East is currently 100 percent leased to several high-profile tenants including Irell & Manella and Topa Management. 

About Kayne Anderson Capital Advisors
Kayne Anderson Capital Advisors has engaged in alternative investing since its inception in 1984. We currently manage over $11.5 billion in investments, principally through private investment partnerships and public closed-end funds as of December 31, 2010. For more information, please visit our website, www.kaynecapital.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 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.