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News release

ORLANDO

Jones Lang LaSalle Awarded Two Assignments for Retail Centers in Florida

JLL to manage Vero Beach Outlets - the region’s only true outlet center


ORLANDO,  May 10, 2012 — Jones Lang LaSalle today announced that it was selected for two retail assignments in Florida; management and leasing for the Galleria at Fort Lauderdale in Ft. Lauderdale and management for Vero Beach Outlets in Vero Beach.

The Jones Lang LaSalle team of Susan Longley and Andrew Dieringer will lead leasing efforts at the Galleria.

“Jones Lang LaSalle is committed helping owners and occupiers of retail real estate throughout Florida and we reinforced that commitment recently through the launch of our local market capabilities,” said John Lambert, Florida Retail Market Lead, Jones Lang LaSalle Retail.  “Our on-the-ground leasing and management experts are second to none and look forward to making their expertise work for each of these centers.” 

The Galleria at Fort Lauderdale is a 964,423 square-foot, super-regional mall in South Florida.  Anchored by Neiman Marcus, Macy’s and Dillard’s, the mall is conveniently located near downtown Fort Lauderdale, the Fort Lauderdale/Hollywood International Airport, Port Everglades and Fort Lauderdale Beach.  The mall is easily accessible from I-95 as well as SR A1A. 

Vero Beach Outlets is a 328,254 square-foot regional outlet center situated between the South Florida and Central Florida marketplace in the four county area known as “The Treasure Coast,” comprising of Indian River, Saint Lucie, Martin and Palm Beach counties.  The property consists of eight retail buildings with 51 tenants and more than 70 nationally recognized fashion brands including Ann Taylor Factory Store, Banana Republic Factory Store, BCBGMAXAZRIA, Brooks Brothers, Calvin Klein, Chico’s Outlet, J. Crew Factory, Crocs Outlet, Jones New York, Justice, Nike and Tommy Hilfiger.  Its location at the interchange of I-95 and Route 60 positions it to capture both local residents and tourists.

As the leading retail service provider, Jones Lang LaSalle Retail manages the largest third-party retail portfolio in the country.  The firm's 94 million-square-foot retail portfolio consists of more than 300 regional malls, strip centers, power centers, lifestyle centers, ground-up development projects, mixed-use centers, transportation terminals and over 9,000 retail ATM's and bank branches across 50 states. Globally, Jones Lang LaSalle (NYSE: JLL) has a retail portfolio of 266 million square feet of property under management and leasing, including more than 12,200 retail locations on four continents. Jones Lang LaSalle is the only global real estate services firm with a team of dedicated, full-time experts who deliver comprehensive and globally integrated services in Energy and Sustainability under one umbrella. The firm offers leading-edge, industry-unique technology, training and tools in energy and sustainability to maximize the benefits for its clients and the greater community.  For more information on Jones Lang LaSalle Retail, visit www.jllretail.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 $47.2 billion of assets under management. For further information, please visit www.joneslanglasalle.com.