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News release

Houston

ExxonMobil Selects JLL to Market Two Facilities in Houston


HOUSTON, Aug. 6, 2014 – JLL announced today the firm has been selected to market for sale two ExxonMobil facilities in the Houston area: 

• the ExxonMobil Upstream Research Company headquarters located at 3120 Buffalo Speedway at West Alabama Street in the Greenway Plaza area
• the ExxonMobil Brookhollow facility located at 4400 - 4550 Dacoma Street along Highway 290, northwest of the 290 and 610 intersection.

JLL’s Executive Vice President Ronnie Deyo, Houston Market President  Dan Bellow, Managing Directors Rudy Hubbard and Paul House, and Vice Presidents Kevin McConn and Beau Bellow will lead the marketing efforts on behalf of ExxonMobil.

The ExxonMobil Upstream Research Company headquarters is situated on 16.8 acres adjacent to the River Oaks residential area. The facility features a six-story, 450,000-square-foot, single-tenant office building; a 100,000-square-foot training center; 13 auxiliary buildings and a large parking structure.

“This is one of the largest and most desirable in-fill tracts remaining in all of Houston,” said Hubbard. “This premier site is ideal for a mixed-use redevelopment that includes office, retail, residential and hospitality components.”

The ExxonMobil Brookhollow facility is situated on 24.4 acres located north of the Galleria. The facility includes three office buildings totalling 500,000 square feet, a full-service cafeteria and 60,000 square feet of storage and auxiliary buildings. The size, existing improvements and location will offer many companies an opportunity to provide employees with a unique work environment.

-Ends-


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 JLL, 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 $4.0 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $50.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.