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Jones Lang LaSalle represents tenant in 22,000 SF deal
WASHINGTON, April 24, 2013 – Jones Lang LaSalle announced today that The Financial Services Roundtable (FSR) has leased 22,198 square feet at 600 Thirteenth Street, N.W. Taking a full-floor, FSR is relocating from 1001 Pennsylvania Avenue, N.W.
Elizabeth Cooper and Greg Lubar of Jones Lang LaSalle represented The Financial Services Roundtable. Phillip Thomas, Zeke Dodson, Kerri Mulligan Salih and Richard Tonner of Cassidy Turley represented the building’s owner, Union Investment Real Estate GmbH (UIRE).
FSR selected 600 13th Street as it is a cost-effective solution for FSR and its members. In addition, the building is well located in the amenity rich East End submarket, only two blocks from the White House and one black from Metro Center.
The building is undergoing major renovations, including updates to the entrance and main lobby, elevator cabs, restrooms and rooftop terrace and the addition of a 3,500-square-foot, spa-quality fitness center for tenants’ exclusive use. About The Financial Services Roundtable
The Financial Services Roundtable represents 100 of the largest integrated financial services companies, providing banking, insurance, and investment products and services to the American consumer. Its mission is to protect and promote the economic vitality and integrity of its members and the U.S. financial system. Member companies participate through the Chief Executive Officer and other senior executives nominated by the CEO. Roundtable member companies provide fuel for America's economic engine, accounting directly for $98.4 trillion in managed assets, $1.1 trillion in revenue, and 2.4 million jobs. http://www.fsround.org/
About Union Investment Union Investment is a leading international property investment company specializing in open-ended real estate funds for private and institutional investors. Assets under management amount to EUR 21.5 billion. The portfolios of Union Investment's open-ended real estate funds comprise some 310 properties and projects in Europe, the Americas and Asia. Within the commercial real estate sector, the Hamburg-based company is active as an institutional investor, developer and landlord. For further information about Union Investment, please visit its website: http://realestate.union-investment.com
About Jones Lang LaSalleJones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet. Its investment management business, LaSalle Investment Management, has $47.0 billion of real estate assets under management. For further information, visit www.jll.com.
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