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News release

LONG BEACH, CA

Jones Lang LaSalle Completes 18,399-SF Office Lease with Regus in Long Beach, Calif.


LONG BEACH, CALIF., Jan. 30, 2012 — Jones Lang LaSalle represented Regus in a new lease for 18,399 square feet of office space at Landmark Square, 24-story, 443,000-square-foot Class A office building located at 111 W. Ocean Blvd in Downtown Long Beach, Calif.  Regus’ state-of-the-art business center is slated to open mid-year offering executive suite offices, meeting space and virtual offices for executives and entrepreneurs in the South Bay area.

Jones Lang LaSalle Los Angeles Managing Director Steve Solomon and Vice President Jason Fine represented Regus in the transaction.  The property owner, Brookfield Properties, was represented in-house by John Barganski and Toliver Morris.

“We are very enthusiastic about our new center in Landmark Square,” said Michael Beretta, Vice President of Business Development in the Americas for Regus.  “The quality of the building and location fit perfectly with our strategy to offer flexible workplaces and business services where our clients need it most.”

“The Downtown Long Beach office market is a great opportunity for Regus and we were able to secure a lease at favorable terms in a building that met the client’s needs,” said Fine.

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About Regus
With more than 1,200 business centers in 95 countries, Regus is the world’s largest provider of flexible workplaces.  Regus enables people to work their way, whether it’s from home, on the road or from an office. Customers such as Google, GlaxoSmithKline, and Nokia join hundreds of thousands of growing small and medium businesses that benefit from outsourcing their office and workplace needs to Regus, allowing them to focus on their core activities.

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 $47.9 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.