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News release

Atlanta

Jones Lang LaSalle Represents Kaiser Permanente in Buckhead Renewal


ATLANTA, September 8, 2009 — Jones Lang LaSalle represented healthcare provider Kaiser Permanente in its lease renewal for 206,000 square feet at Piedmont Center in Atlanta’s Buckhead submarket. David Demarest and William Propst in Atlanta and Rita Robison in Washington, D.C., led the transaction.
 
Kaiser Permanente, a tenant at Piedmont Center since 1993, will continue to occupy Piedmont Center’s Nine, Ten and Eleven buildings, which are owned by Glendale, the California-based American Realty Advisors. The property is located on Piedmont Road between Peachtree and Roswell roads near the Buckhead Loop and Georgia 400.
 
“Piedmont Center continues to provide Kaiser Permanente with superb long-term value for its regional headquarters in the heart of Metro Atlanta,” said William Propst, Vice President of Jones Lang LaSalle’s Tenant Representation group.
 
Lee Caswell of PC Management Company represented ownership in the transaction.
 
About Kaiser Permanente of Georgia
 
Kaiser Permanente is the state’s largest non-profit health plan, serving the healthcare needs of Atlanta metro area residents for more than 22 years. The health plan currently provides comprehensive health care services to approximately 275,000 members through 15 medical facilities and a network of affiliated hospitals and physicians in a 28-county service area. For more information, please visit www.kp.org.
 
About Jones Lang LaSalle
 
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2008 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.4 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $36 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.
 
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