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JLL completes sale, is hired as property manager and exclusive leasing agent for 170,000-SF complex
INDIANAPOLIS, AUG. 26, 2014 — JLL has completed the sale of two Class-A office buildings in Indianapolis’ Keystone submarket to USAA Real Estate Co., which has subsequently hired JLL as the new property manager and leasing agent for the 170,000-square-foot complex.
USAA, based in San Antonio, completed its acquisition of the Lake Pointe Center III and IV buildings last week from Sun Life Assurance Company of Canada. JLL’s Rebecca Wells, Jim Postweiler and John Robinson represented Sun Life in the sale.
Under the new ownership, leasing efforts will be led by JLL’s Kevin Gillihan with JLL’s Eric Pryor and Amanda Hudnall serving as the buildings’ new General Manager and Assistant General Manager, respectively.
The buildings are located at 8470 and 8520 Allison Pointe Boulevard and feature expansive 21,000-square-foot floor plates built out to Class-A specifications. Amenities include on-site conference facilities, a tenant Wi-Fi lounge, and a bike-sharing program for the adjacent mile-long mountain bike trail.
A variety of suites ranging in size from 1,000 to 6,100 square feet are currently available for lease.
About USAA Real Estate CompanyUSAA Real Estate Company was founded in 1982 as the real estate investment arm of USAA. With over $12 billion in assets under management, the company provides co-investment asset management services to U.S. pension funds, as well as to foreign and domestic institutional investors. USAA Real Estate Company also provides capital to partners for development. The portfolio consists of office, medical office, industrial, multi-family, retail and hotel properties as well as investments in real estate operating companies. Our commitment to service and integrity reflects the core values put in place 92 years ago by our parent company, a trusted worldwide insurance and financial services organization.
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.
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