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News release

LOS ANGELES, CA

Jones Lang LaSalle Awarded Leasing of The Bluffs at Playa Vista

Office campus is located in Los Angeles’ creative community hub


LOS ANGELES, Oct. 10, 2011 – Jones Lang LaSalle has been awarded the leasing for The Bluffs at Playa Vista, a two-building, 500,000-square-foot Class A office campus located on 15 acres in the upscale Los Angeles submarket of Playa Vista. Currently, the office project has a full floor of 51,284 square feet available for lease, which can be divided to accommodate multiple tenants.

Leading the leasing efforts for the premier property are Jones Lang LaSalle Managing Directors Steve Solomon and Chris Strickfaden.

“Jones Lang LaSalle was selected for this assignment because of our deep understanding of the lower Westside office market and creative space in the region,” said Solomon.  “The Bluffs at Playa Vista is ideal for companies who are looking for space that will foster creativity and inspiration.”

Jones Lang LaSalle was hired by J.P. Morgan Asset Management, which acquired the office complex on behalf of institutional investors in February of 2011.

The Bluffs at Playa Vista is a LEED Gold certified office complex in Los Angeles’ lower Westside.  It offers LEED Gold certified space featuring state-of-the-art workplace technology with connected broadband access throughout, pedestrian pathways and open courtyard spaces, and clear views of the natural bluffs in a lush park-like setting.  The Bluffs at Playa Vista is located in the heart of amenity-rich Playa Vista with direct access to Los Angeles International Airport (LAX) as well as I-405 and SR 90 Freeways.

About J.P. Morgan Asset Management – Global Real Assets
J.P. Morgan Asset Management – Global Real Assets has approximately $54.9 billion in assets under management and 392 professionals in the U.S., Europe and Asia, as of June 30, 2011.  With a 40-plus-year history of successful investing, J.P. Morgan Asset Management – Global Real Assets’ broad  capabilities provide many of the world’s most sophisticated investors with a global platform of real estate, infrastructure, maritime/transport and energy strategies driven by local investment talent with disciplined investment processes consistently implemented across asset types and regions.

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. For further information, please visit our website, www.joneslanglasalle.com.