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JLL awarded, in partnership with Kowit & Passov Real Estate Group, for BrandMuscle office transaction
CLEVELAND, May 22, 2013 — Jones Lang LaSalle announced that it won an NAIOP Commercial Real Estate Development Association 2013 Award of Excellence from the Northern Ohio Chapter. JLL received the Award of Excellence in the office transaction category for its work with Cleveland-based marketing company, BrandMuscle. Kowit & Passov Real Estate Group won the award in conjunction with JLL.
NAIOP hosted the annual awards event May 8 at Windows on the River. Each year, NAIOP selects top transactions, individuals and projects within the local real estate industry to commend with an award of excellence, presented by category. NAIOP considers projects completed during the previous year.
“We are honored to be among the ‘best and brightest’ in our region,” said Rob Roe, Managing Director of Jones Lang LaSalle’s Great Lakes team office in Cleveland. “We strive to deliver the ultimate tenant experience with each new client. Many thanks to NAIOP for the recognition.”
JLL secured a flexible long-term lease for BrandMuscle’s new downtown Cleveland corporate headquarters. The client signed the lease in May and officially relocated in early December to their new 42,000-square-foot office. JLL was able to negotiate expansion rights, among a number of favorable terms, including a free rent period, termination rights, moving allowance and more. Visit the full case study for details on JLL’s partnership with BrandMuscle.
“We’ve just moved into our new headquarters, and it’s perfect. I don’t know if we would have made the same decisions had we not worked with JLL,” said Phil Alexander, CEO, BrandMuscle.
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About Jones Lang LaSalle Jones 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 and completed $63 billion in sales, acquisitions and finance transactions in 2012. Its investment management business, LaSalle Investment Management, has $47.7 billion of real estate assets under management. For further information, visit www.jll.com.
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