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News release

HAMPTON ROADS, VA

Adler Group Taps JLL to Lease Interstate Corporate Center in Norfolk, VA

440,000 SF Campus Style Office Park Located in Heart of Hampton Roads


HAMPTON ROADS, VIRGINIA, SEPTEMBER 9, 2014 - JLL announced today that Adler Group, the Miami- based owner of commercial real estate throughout major markets in the Southeast United States, has selected JLL’s local agency leasing team in Hampton Roads for the Interstate Corporate Center in Norfolk, VA.

"The transitioning of a couple tenants has created new opportunities in this park, which has enjoyed high occupancy since its delivery," said Deborah Stearns, Senior Vice President for JLL. "We are excited about this opportunity and feel the improving economy will drive new demand."

JLL Senior Vice President Deborah Stearns, along with Associate Landon Hinton, will manage this assignment for JLL. Managing Director Mark Levy, who oversees the Adler Group portfolio throughout the Southeast United States for JLL, will work with the team on this assignment.

Interstate Corporate Center in Norfolk is a 475,000-square-foot, campus-style office park located at the intersection of I-64 and I-264 in the heart of Hampton Roads. The 17-building campus features ample parking, on-site management and maintenance, and broadband capabilities. Amenities include an on-site cafe and free conference rooms for tenant use.

“Adler Group has partnered with JLL to achieve results in markets throughout the United States and we look forward to continued success at Interstate Corporate Center,” said Chris Balish, President and Chief Executive Officer of Adler Realty Services.
JLL is representing Adler Group in several markets, including Tampa, Northern Virginia, Richmond and Ohio.

About Adler Group
With over 50 years of leasing, property management, acquisitions, investment, development and construction experience, Adler Group and its affiliates offer a seamless network of realty services designed to maximize the value and strength of real estate assets. Throughout its history, Adler Group has developed and acquired in excess of 18 million square feet of industrial, office, retail and residential real estate. Today, by means of relationships with a prestigious list of institutional and private investors and nationally recognized lenders, the company owns and manages an extensive real estate portfolio.

Adler Group owns a property portfolio of commercial real estate located strategically throughout the major markets of the Southeast United States, including Orlando, Miami, Tampa, Naples and Nashville. Our properties include a wide range of strong-performing, multi-tenant industrial, flex, office and retail assets. The company provides direct services to its own portfolio properties, while also extending its capabilities to owner clients that seek quality, professional real estate support.

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.