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News release

DES MOINES

JLL hired as exclusive leasing agent for 801 Grand office tower


DES MOINES, Iowa, Aug. 5, 2014 — The Iowa office of the commercial real estate services firm JLL has been named by The Principal Financial Group as the new exclusive leasing agent for 801 Grand, the city's tallest, largest and most iconic office building.

Heath Bullock, CCIM, SIOR, a JLL Senior Vice President and the firm's Iowa Markets Leader, will oversee the leasing efforts at the 44-story, 970,000-square-foot tower, which is currently 96 percent occupied. Available suites range in size from 1,000 to 15,000 square feet.

"When you think of Downtown Des Moines, you think of 801 Grand," Bullock said. "Our entire JLL Iowa team is extremely proud to be associated with such a significant and beautiful property and we look forward to representing the building's owners, Principal Financial Group, as leasing agents."

Located at the corner of Grand and High streets in the heart of Downtown Des Moines, 801 Grand was designed by HOK Architects and opened in 1991. The building features a wide array of amenities including three full-service restaurants, a coffee shop and juice bar, a Bank of the West branch, adjacent covered parking, a hair salon and shoe shine service.

JLL will also continue to operate as the building's Property Manager under the direction of GM Carissa Schmidt. JLL has served as facility manager, since 2011, for The Principal's portfolio of more than 150 owned and leased offices throughout the United States and in more than 15 countries throughout Asia, Australia, Europe and Latin America.

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. JLL is the brand name of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com