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News release

PHILADELPHIA, PA

JLL Closes Sale of Suburban Delaware Office Campus

Fully furnished Class A office buildings feature best in class amenities


PHILADELPHIA, June 3, 2014 –JLL’s Capital Markets team today announced the sale of AstraZeneca’s South Campus, a 58-acre suburban office campus located in Wilmington, Del., to JPMorgan Chase & Co.

Executive Vice Presidents Doug Rodio and James Galbally along with Senior Vice Presidents Blaise Fletcher and John Plower led the JLL team on the sale transaction.

“We are pleased to have helped bring this deal to fruition and believe the sale will deliver value not only to the buyer and seller but to the local business community as well,” said Rodio. “The asset is located along one of Wilmington’s busiest commercial corridors and is easily accessible from the area’s highway system.”

The campus features two office buildings totalling 357,551 square feet and a parking structure that can accommodate 2,017 cars, along with a variety of additional amenities.  The buildings are Energy Star certified.

About Capital Markets
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2013 alone, JLL Capital Markets completed $99 billion in investment sale and debt and equity transactions globally. The firm’s Capital Markets team comprises more than 1,300 specialists, operating all over the globe.

For more news, videos and research resources on Jones Lang LaSalle, please visit the firm’s U.S. media center Web page: http://bit.ly/18P2tkv.

About JLL
JLL (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 fee revenue of $4 billion, JLL has more than 200 corporate offices and operates in 75 countries worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3 billion square feet and completed $99 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $48.0 billion of real estate assets under management. For further information, visit www.jll.com.