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News release

NORFOLK, VA

Harbor Group International Awards Leasing Assignment for Prestigious Norfolk, Va. Office Portfolio to Jones Lang LaSalle

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:

  • Dominion Tower, a Class A 26-story office tower with 403,276 square feet. The iconic building features exceptional conference and meeting facilities, a YMCA, three restaurants and an attached eight-level parking garage with 1,255 parking spaces. In addition to the neighboring Sheraton Hotel, the building is close to the new high-speed rail station, Harbor Park and Norfolk’s Government Center.
  • World Trade Center, an iconic nine-story Class A office tower with 366,106 square feet at the intersection of Main and Boush streets. The building is directly across the street from Town Point Park and offers unobstructed views of the Elizabeth River. Tenant amenities include the Town Point Club, Zelick's Cafe, conference rooms for tenant use and Executive Health and Fitness. The building, a member of the World Trade Center Association, is the headquarters of the Virginia Port Authority.
  • Town Point Center, a 12-story Class A office tower two blocks from the Elizabeth River. The property has 131,259 square feet and offers tenant amenities, including two modern conference rooms, a fully equipped fitness center and a penthouse deck overlooking the USS Wisconsin, the Elizabeth River and Town Point Park. The property features 13,000-square-foot floor plates and has a central service core housing the elevators, restrooms and emergency exit staircase.
  • 555 East Main Street, a 297,511-square-foot office tower located directly across the street from Norfolk’s new City Hall and courts complex. PNC Bank anchors the building with its regional headquarters, a retail branch and drive-through banking.

"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 International
Harbor 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.