Skip Ribbon Commands
Skip to main content

News release

Chicago

Jones Lang LaSalle to Market Geneva Post Office for Sale

Asset expected to fetch approximately $1 million


CHICAGO, July 13, 2009 — Jones Lang LaSalle and the United States Postal Service (USPS) announced today that the Geneva Post Office is on the market for sale.  At a city council meeting on June 8 it was announced that Jones Lang LaSalle would market the historic post office to potential users or investors.  Located at 26 S. Third Street in the heart of downtown Geneva’s shopping district, the building sits on nearly a half acre.  Built in 1937, it has 5,700 square feet on the main floor and approximately 5,500 square feet of basement space.
 
Leading the Jones Lang LaSalle team on this assignment is Senior Vice President Jeff Gittelman and Associate Conor Mullady.   Jones Lang LaSalle is a real estate advisor to the USPS.
 
“This is a wonderfully located building with high visibility that will be ideal for many users,” said Gittelman.  “We are confident that by using the breadth and depth of Jones Lang LaSalle’s resources we will be able to find an ideal user or investor for this asset.”
 
The Postal Service is selling the building because it no longer needs as much space to provide its Geneva, IL customers with retail counter service and mail delivery. The Postal Service will seek to lease a smaller location in downtown Geneva once the sale is final.
 
"The Postal Service will continue to provide mailing and shipping products and services from a convenient location in Geneva, IL," says James Mruk, Manager, Corporate Communications, for the Great Lakes Region of the Postal Service.  "Selling the building on Third Street will help us reduce operating costs and increase efficiency."
 
"The Postal Service will continue to provide mailing and shipping products and services from a convenient location in Geneva, IL," says James Mruk, Manager, Corporate Communications, for the Great Lakes Region of the Postal Service.  "Selling the building on Third Street will help us reduce operating costs and increase efficiency."
 
For more information on the Geneva Post Office, please contact Jeff Gittelman at jeff.gittelman@am.jll.com.
 
About Jones Lang LaSalle
 
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specialising 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 2008 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.4 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 more than $41 billion of assets under management.
 
For further information, please visit our Web site, www.joneslanglasalle.com│ 200 East Randolph Drive Chicago Illinois 60601 │ 22 Hanover Square London W1A 2BN │ 9 Raffles Place #39–00 Republic Plaza Singapore 048619