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News release

ATLANTA, GA

Jones Lang LaSalle Commences Management of Shops Around Lenox


ATLANTA, Jan. 28, 2013 — Jones Lang LaSalle’s (JLL) Retail experts today announced the firm has been retained to manage Shops Around Lenox. The 124,409 square-foot open-air center off Peachtree Road in Buckhead, is located at 3400 Around Lenox Dr., Atlanta, Georgia. The property’s tenant mix includes Crate & Barrel, lululemon athletica, Swank, Deka, Ona Atlanta, Paper Source, Suit Supply, Seven Lamps and Bhojanic.

Southeast Retail Market Lead John Bemis and Regional Manager Sig Arnesen are leading the Jones Lang LaSalle team on this transaction.

“We are eager to implement JLL’s comprehensive management approach at the Shops Around Lenox on behalf of the new ownership. We’ll seek to drive increased value at the newly transformed, trophy center by creating operational efficiencies and maintaining a quality environment for both shoppers and tenants,” said Bemis.

During the last two years, Jones Lang LaSalle Retail has added more than 50 retail brokerage experts in major markets including Atlanta, Austin, Boston, Charlotte, Chicago, Dallas, Florida, Hawaii, New York, Phoenix, San Antonio, Seattle and Southern California. During the first half 2013, the group added more than 60 new assignments and more than 30 retail clients to its network across the United States. Jones Lang LaSalle Retail is a full-service provider of retail services nationwide. The firm offers a full array of services to its clients, including brokerage services for landlords and tenants, property management, financial reporting, tenant coordination, specialty leasing, marketing, research, development and receivership services.  For more information on Jones Lang LaSalle Retail, visit www.jllretail.com.

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About Jones Lang LaSalle
Jones Lang LaSalle offers comprehensive retail services to meet the expanding needs of investors and occupiers of real estate. Our full array of retail services includes property management, agency leasing, local and national tenant representation, corporate transaction management, specialty leasing, marketing, research, financial reporting, development, project management, tenant coordination, capital markets, receivership and due diligence. As the leading retail service provider, Jones Lang LaSalle manages a portfolio of 95 million square feet of retail centers within the United States and delivers service offerings to 120+ retailers – locally and nationally. We serve a diverse client base and our portfolio is comprised of a broad range of retail properties including regional malls, lifestyle centers, grocery-anchored centers, power centers, central business districts, transportation facilities and mixed-use projects. For more information on Jones Lang LaSalle Retail, visit www.jllretail.com.