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News release

BOSTON, MA

Marcus Partners Appoints Jones Lang LaSalle at 225 Second in Waltham


BOSTON, July 10, 2013 — Marcus Partners has named Jones Lang LaSalle leasing agent for 225 Second in Waltham, MA. The 122,000-square-foot office and lab building with Route 128 visibility is directly off of Winter Street.

The three-story property is located in the heart of Waltham’s commercial corridor. It features: a 4.5 vehicle per 1,000-square-foot parking ratio, large floor plates, up to 19-foot clear heights, a full service cafeteria, roof deck patio, and a full building generator. Marcus Partners is significantly renovating the asset to Class A standards.

“225 is a very unique asset,” said Marcus Partners’ Peter Cameron. “It offers users efficiency with its high parking ratio, sizable floor plates, flexibility with the over-engineered base building systems and floor heights, and control with the opportunity for dedicated lobbies and systems for users over 50,000 square feet. All of this at a tremendous value.” 

According to Jones Lang LaSalle’s Alex Dauria: “We are thrilled about the opportunity to work with Marcus on this exciting new project. The property’s location, unique architecture and functionality for office, R&D and lab space provide flexibility for a wide spectrum of users. Coupled with a strong ownership and management team, with a proven track record for creatively repositioning assets and structuring deals to meet their tenants’ evolving occupancy needs, we feel that 225 Second is well positioned for success.”

Joining Alex on the leasing team and marketing team is Vice President Tyler Spring, Vice President Brendan Cohn, and Senior Vice President Stephen Steinberg. The architect for the renovations is Spagnolo Gisness Associates, Inc.

About Marcus Partners
Marcus Partners is a value-oriented real estate investment firm based in Boston, Massachusetts with a regional office in Wilton, Connecticut. The firm invests in real estate and related assets, pursuing a mix of strategic and opportunistic investment strategies. Marcus Partners is currently investing its Marcus Capital Partners Fund I acquiring a diversified portfolio of office, bio-medical, medical office, warehouse and light industrial properties in major metropolitan areas on the east coast from Massachusetts to Florida.  For more information, please go to www.marcuspartners.com

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.