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News release

CULVER CITY, CALIF.

Jones Lang LaSalle Completes 14,757 SF Office Lease with XAP Corp. in Culver, Calif.

Firm also provided project and move management services 


CULVER CITY, CALIF., Oct. 8, 2012Jones Lang LaSalle represented XAP Corporation in a new 14,757-square-foot office lease at 100 Corporate Pointe, a three-story, 109,739 -square-foot multi-tenant office building in Culver City, Calif. The new space will be used for the company’s headquarters. XAP previously occupied space at 3534 Hayden Ave. in Culver City.

Jones Lang LaSalle Los Angeles team members Blake Searles and Corey Spound represented XAP. The landlord, Slauson Investors LLC, was represented by Eric Adams and Steve Solomon of Jones Lang LaSalle.

Debbie Lengele of Jones Lang LaSalle’s Southern California Project and Development Services group led a team which provided project and move management, relocation strategy, tenant improvement construction and build-out as well as lease support.

"With a collaborative team effort, Jones Lang LaSalle was able to deliver a fully executed complex lease and build-out on time and within budget," said Spound. "We were able to create an office environment that is more functional and efficient for XAP, as well as far more cost effective."

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About XAP Corporation
XAP is the industry leader in online college access and career exploration tools. XAP develops and provides students and adults with online tools to explore careers and explore, plan and apply to colleges and universities. The largest provider of electronic college applications and transcripts in North America, XAP processes more than 3.5 million college applications and 1.5 million transcripts annually. XAP’s products are used by more than 900 colleges and universities and more than 8,000 middle and high schools in the United States and Canada.

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.