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News release

Centremark Properties Appoints Jones Lang LaSalle at One Edgewater Drive


BOSTON, December 11, 2012 — Centremark Properties Inc. has named Jones Lang LaSalle leasing agent at One Edgewater Drive in Norwood, MA. The well appointed 91,000-square-foot first class office building is situated directly on Route 1 in Norwood, MA.

One Edgewater is undergoing a capital improvements program which includes: a renovated lobby, upgrades to the bathrooms and showers, upgraded lighting, and a park signage system. The two-story building features a distinctive glass atrium, full time day porter service, and a high parking ratio of four cars per 1,000 square feet of space. There is a total of 67,000 square feet available in blocks ranging from 3,400 to 50,800 square feet.

“One Edgewater Drive is a high quality, well-located building that will continue to maintain its market presence with the upcoming renovation program,” said Nader Golestaneh, President of Centremark Properties. “We look forward to working with Jones Lang LaSalle’s strategic leasing and marketing team to complement our current tenant roster including Ecolab, Social Security Administration, and Cardiovascular Engineering.”

According to Sean Lynch Vice President of Jones Lang LaSalle: “Edgewater Drive stands out with its quality image, architecture and convenient location. The great amenities base up and down Route 1 adds to its upside potential.” Jones Lang LaSalle’s leasing team will consist of Sean and Executive Vice President Tom Kent. The firm also represents Centremark Properties in the leasing of 19 Blackstone Street in Cambridge.

About Centremark Properties
Founded by Nader Golestaneh in 1986 Centremark Properties, Inc., is a Boston based real estate development, management and consulting company.  Centremark through its direct affiliates has developed nationally and internationally over 5MM SF including life science, industrial, warehouse, multi-family, residential condominium, office high rise, retail, resort hotel and parking garages.   The company recently completed the mixed use luxury condominium project at 410 Boylston Street, Boston and is developing another mixed use luxury condominium project on the first block of Newbury Street, in Boston.  The Company is also developing a life science building in Blackstone Square, Cambridge.

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.