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News release

BOSTON, MA

Jones Lang LaSalle Appointed Leasing and Property Management Agent for 45 Milk Street in Boston’s Financial District


BOSTON, July 11, 2013 — Jones Lang LaSalle has been named exclusive leasing and property management agent for 45 Milk Street in Boston. The 68,995-square-foot jewel box office and retail building in the heart of the city’s Financial District was recently purchased by SDCO 45 Milk Street Office, Inc. Located on Milk Street and spanning a full block between Devonshire and Milk Streets, 45 Milk is two blocks from Post Office Square adjacent to Downtown Crossing. The dramatic nine-story Beaux Arts style mid-rise will be undergoing a renovation of the lobby and select interior spaces.

Built in 1893 for the International Trust Company, the property was modernized in 2005 and 1990. It features historical architecture, a two-story lobby, high ceilings, large windows with an abundance of natural light, and street level retail. The iconic gem is centrally located near the Park at Post Office Square, Faneuil Hall Marketplace, the Rose Kennedy Greenway, and the Boston Harbor Waterfront.

“We are excited to partner in the repositioning of 45 Milk Street," said Jones Lang LaSalle Senior Vice President Brad McGill. “45 Milk Street’s high ceilings and abundant natural light will attract a wide range of tenants from technology to the more traditional financial firms with a strong potential for being a HQ’s location.”

Joining Brad on the leasing and marketing of 45 Milk Street is Managing Director Bill Barrack, Executive Vice President Tom O’Regan, and Associate Dan Cavanaugh. JLL’s property management team consists of Regional Director Brian Barriero, Senior Vice President Dan Ozelius, and Property Manager Jennie DeStefano.

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.