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Portfolio includes four buildings totaling more than 1 million square feet in downtown Norfolk
NORFOLK, Va., JULY 29, 2013 — Harbor Group International has hired Jones Lang LaSalle as the exclusive leasing agent for its entire office portfolio in downtown Norfolk, the central business district of Hampton Roads. The portfolio features four prestigious buildings totaling more than one million square feet.
“We have a strong, longstanding and successful relationship with Jones Lang LaSalle in markets throughout the United States,” said Robert S. Friedman, President of Harbor Group Management Co. “We’re looking forward to working with their professionals on the leasing of our premier downtown Norfolk assets.”
Deborah Stearns and Maureen Rooks are leading the Jones Lang LaSalle team on this assignment.
"Harbor Group International, one of the nation's preeminent owners of commercial real estate, is an astute, knowledgeable and deal-driven client that is excited about the dynamic environment in downtown Norfolk,” said Deborah Stearns, Senior Vice President, Jones Lang LaSalle. “This is an extraordinary opportunity and we look forward to working closely with HGI to attract high-profile tenants seeking space in the region's best buildings."
The assignment includes:
"We appreciate Harbor Group International's continued confidence in our team to bring best-in-class services to its Norfolk portfolio," Stearns said. "These impressive buildings will appeal to a very wide range of tenants. We can't wait to get started."
About Harbor Group InternationalHarbor Group International, LLC is a private real estate investment and management firm which controls a portfolio of worldwide assets valued at approximately $3.8 billion. HGI is headquartered in Norfolk, Virginia with offices in New York and Tel Aviv. The company’s real estate holdings include more than 10.5 million square feet of commercial properties and in excess of 24,500 apartment units. For additional information, please visit www.harborgroupint.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.
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