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News release

BOSTON, MA

Veolia Energy North America Leases 27,440 SF of Office Space at 53 State Boston

Jones Lang LaSalle Facilitates Transaction Representing the Tenant


BOSTON, October 31, 2012 — Veolia Energy North America, leading developer and operator of efficient energy solutions, and the operator of the country’s largest portfolio of district energy networks, has signed a 27,440-square-foot lease at 53 State Street in Boston. The firm will occupy first class office space on all of floor 14 to serve as its North American headquarters.

Jones Lang LaSalle Managing Directors Ben Heller and Brendan Callahan, and Senior Vice President Brian Connolly represented the tenant. The landlord was represented by Cassidy Turley FHO Senior Managing Director/Principal Glenn Verrette, and Vice President John McHugh.

“Veolia Energy is pleased to expand the size of its U.S. headquarters in Boston, which is the most progressive and vibrant energy services market in the country,” said Cyrille du Peloux, President and Chief Executive Officer of Veolia Energy North America. “Jones Lang LaSalle has been instrumental in helping us locate office space that supports our company’s commitment to environmental responsibility.”

Veolia Energy North America is moving from its current location at 99 Summer Street in Boston where it has resided since 2007. Its energy consulting and engineering subsidiary SourceOne Inc. will also relocate to the new headquarters from 132 Canal Street. Therefore, the move represents both a consolidation and expansion. Veolia Energy’s occupancy at 53 State is scheduled to begin in early 2013.

“Veolia Energy was committed to locating in a LEED, sustainable office building,” said Ben Heller, Managing Director of Jones Lang LaSalle. “The property fits its criteria by being in the midst of every downtown amenity, and easily accessible via highways and the MBTA. 53 State Street provides Veolia Energy with a headquarters location from which to grow its business.”

About Veolia Energy North America
Based in Boston, MA, Veolia Energy North America is a leading U.S. operator and developer of energy efficient solutions.  Veolia Energy operates and maintains the largest portfolio of efficient district energy networks in North America.  Veolia Energy Solutions operates and maintains commercial and manufacturing energy infrastructure with guaranteed savings; designs, builds, operates and maintains socially responsible, local energy production assets such as combined heat and power (CHP) and renewable energy plants; and provides energy consulting and engineering services.   Visit the company’s Web sites at www.veoliaenergyna.com and www.veolianorthamerica.com.   

About Veolia Environnement
Veolia Environnement (Paris Euronext: VIE and NYSE: VE) is the worldwide reference in environmental solutions. The company has operations all around the world and provides tailored solutions to meet the needs of municipal and industrial customers in the complementary segments of water management, waste management, and energy management. Veolia Environnement recorded revenue of $38.4 billion in 2011.  www.veolia.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 billion of assets under management. For further information, please visit www.joneslanglasalle.com.