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News release

RALEIGH, NC

JLL Negotiates 37,389-Square-Foot Lease Renewal and Expansion in Raleigh for CEMCS

To accommodate the growing needs of CEMCS, JLL negotiated a lease renewal and expansion at 2600 Sumner Boulevard in Raleigh


RALEIGH, June 10, 2014 – JLL’s Raleigh –based Tenant Representation group announced today that it has completed a 37,389-square-foot lease renewal and expansion in Raleigh for Casa Esperanza Montessori Charter School (CEMCS), a non-profit, public charter school and private preschool.

CEMCS has held an address at 2600 Sumner Boulevard in Raleigh for the last 11 years.  Since initially taking 25,389 square feet of space in Sumner Business Park in 2003, the school has experienced steady growth, requiring an additional 12,000 square feet and taking its overall footprint to 37,389 square feet. Bill Sandridge, Managing Director for JLL’s Tenant Representation group, represented the tenant throughout the transaction.

About CEMCS
Casa Esperanza Montessori, a public charter school and private preschool, uses Montessori philosophy and pedagogy in an English-Spanish dual-language environment. The Casa Esperanza community of families, educators and dedicated volunteers actively fosters enthusiasm for learning, independence, individual academic progress, cultural awareness, and social and emotional well-being.

For further information, visit www.cemcs.org.  

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.