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LOS ANGELES, Oct. 4, 2012 — Jones Lang LaSalle represented City Club in a new 27,243-square-foot lease on the top floor of City National Plaza located at 555 S. Flower St. in Downtown Los Angeles. The premier private business club is relocating from 333 S. Grand Ave.
Jones Lang LaSalle Los Angeles team members Darren Eades and Josh Wrobel represented ClubCorp., City Club's operator. The landlord, Thomas Properties Group, was represented in-house by Lalo Diaz.
“After a comprehensive market analysis, ClubCorp. decided that relocating to City National Plaza was the best long-term solution for the club due to its excellent location and amenities,” said Eades. “The landlord's willingness to provide a creative lease structure allowed the club to relocate to a premier office project which will upgrade the entire club experience."
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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.
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