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News release

Raleigh-Durham, NC

Jones Lang LaSalle Negotiates 10,737 Square-Foot Office Lease in Downtown Raleigh


RALEIGH, July 1, 2013 Jones Lang LaSalle’s Raleigh-based Tenant Representation group announced today that it has completed a 10,737 square-foot office lease in Downtown Raleigh on behalf of LS3P Associates, Ltd., is a multi-disciplinary firm offering architectural, interior architectural and planning services to clients throughout the Southeast.

LS3P extended its current premises at Two Hannover Square, 434 Fayetteville Street, in Downtown Raleigh at 10,737 square-feet.  Jones Lang LaSalle Senior Vice President David Fleming represented the tenant throughout the transaction.

"After an extensive search and analysis of purchase and lease options in the Downtown Raleigh area, it became clear that remaining in their current office was the environment that would best promote LS3P’s continued success as one of the preeminent architecture firms serving the Raleigh-Durham market,” Fleming said.  “I am very appreciative to have been selected by the LS3P team as their tenant representation for what turned out to be a very exciting project.”

Katherine Peele, Executive Vice President of LS3P, stated, “David Fleming really did an outstanding job in helping us explore all of the options in Downtown Raleigh.  At the end of the day, the Two Hannover location in the heart of Downtown Raleigh continued to be a great fit for us.”

LS3P currently has operations across North and South Carolina in Raleigh, Charlotte, Wilmington, Greenville, Colombia and Charleston.

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 http://www.jll.com/.