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News release

SEATTLE, WA

JLL Awarded Leasing and Management of Seattle’s 1 Million SF Wells Fargo Center


Seattle, WA – July 1, 2013 – In one of the largest leasing and property management assignments this year, Jones Lang LaSalle (JLL) has been selected to represent the new ownership of Seattle’s Wells Fargo Center at 999 Third Avenue.  The 47-story tower was acquired last month by Canadian real estate investor  Ivanhoé Cambridge via their partnership with Chicago-based Callahan Capital Properties.

The team of Laura Ford, Allison Mascarin, Pat McCabe, and Peter Truex will be the property’s leasing agents.  Property management will be handled by a team led by Steve Mace. 

The LEED Gold certified, Class A office tower is situated in Seattle’s central business district and has 983,600 square feet of leasable space, roughly a third of which is available.  The buildings prime location, large flexible floorplates and sweeping views of Elliott Bay and city skyline make it an attractive option for a broad range of companies, according to Ford.

“This is an iconic building within Seattle’s skyline – one of the ten tallest buildings in the city – and one which has tremendous appeal because of its location and amenities,” said Ford.  She indicated ownership is moving forward with plans to upgrade the building’s lobby, offer secure bicycle storage, and add an athletic facility with showers to its already extensive list of amenities.

On-site dining and retail options include Starbucks, Homegrown, and a three-story outdoor plaza with cafes and restaurants, as well as retail shops.
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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.