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News release

WASHINGTON, D.C.

Jones Lang LaSalle Represents Carr Properties in 70,000 SF Deal at Loudoun Gateway IV

M.C. Dean, Inc., Loudoun’s largest private employer, expands with new lease in Dulles, VA


WASHINGTON, D.C., Feb. 29, 2012 – Jones Lang LaSalle (NYSE:JLL) announced today that Carr Properties has leased 70,000 square feet at 22980 Indian Creek Drive in Dulles, VA to M.C. Dean, Inc., a national expert in electrical engineering, technology and systems integration with over 3000 employees worldwide.

Jones Lang LaSalle’s Northern Virginia leasing team represented Carr Properties. Larsen Commercial and Potomac Real Estate Partners represented M.C. Dean, Inc.
“This lease expands M.C. Dean’s Loudoun County presence and places them in the high-profile Loudoun Gateway Corporate Center,” said Herb Mansinne, Managing Director, Jones Lang LaSalle.

Known as Loudoun Gateway IV, 22980 Indian Creek Drive is a 102,422-square-foot Class A office building in Loudoun County. The property, part of the 38.6-acre Loudoun Gateway Corporate Center, is located next to Washington Dulles International Airport. Built in 2001, the four-story building is in close proximity to Route 267 (Dulles Toll Road), Route 606 (Old Ox Road) and Route 28 (Sully Road).

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About Carr Properties
Carr Properties is a privately held real estate investment trust focused on creating value for its shareholders through its investment and development activity in the greater Washington area.    The company owns and operates a portfolio of approximately $1.2 billion of commercial office properties in the Washington area totaling 3.9 million square feet and is currently developing over 500,000 square feet of trophy quality office projects in the region including notable projects such as 1700 New York Avenue in Washington’s central business district and 4500 East West Highway in Bethesda, MD.  Carr Properties was formed in March of 2007 as the successor entity to Columbia Equity Trust, Inc., a New York Stock Exchange listed office REIT.  For more information, please visit our website at www.carrprop.com
 
About M.C. Dean
M.C. Dean Inc. is a national expert in electrical engineering, systems integration and services for complex, mission-critical systems and facilities.  For over 60 years M.C. Dean has set the industry standard for design-build-operate-maintain programs in intelligent infrastructure, security & electronic systems, life-safety, telecommunications, and automation.  M.C. Dean is based in Northern Virginia and has more than 3,500 employees and 30 offices worldwide. www.mcdean.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 2011 global revenue of $3.6 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 2.1 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 $47.7 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.