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News release

BOSTON, MA

Synergy Selects JLL and Dyer Brown for Ten Post Office Square


BOSTON, 9 March 2015 — GreenOak and Synergy Investments have appointed JLL as the exclusive leasing agent for Ten Post Office Square, a 445,000-square-foot first class mid-rise in downtown Boston. The joint venture selected Dyer Brown as the project architect. Extensive common area and amenity package upgrades are being planned. The proposed renovations include a cosmetically improved lobby with a centralized reception area that will allow for improved tenant and visitor flow. New collaboration spaces and eateries will provide tenants with additional amenities within the building.

Ten Post Office Square is 82% leased to a diverse tenant roster and is anchored by the global headquarters of Boston Private Financial Holdings. The roster also includes Conn Cavanaugh, Carr Workplaces, North American Management, and Arrowstreet. The iconic landmark features flexible 31,000-square-foot floor plates that are ideal for expansion and sub-division. It is in immediate proximity of all major rail lines and commuter hubs, with convenient access to I-93, I-90 and Route 1.

“Our plan is to reinvent these supremely well located buildings,” said Synergy President David Greaney. “Synergy’s value-add strategy, coupled with the asset’s core strengths and design aesthetics, give us the opportunity to deliver a unique product with new amenities and energy.”

“We are excited to be partnering with the team at Synergy,” said Roger Breslin, Senior Vice President of JLL. “Ten Post Office Square’s modern and efficient offices will have a wide appeal for both new economy and traditional businesses. The buildings combine classic design with the efficiency of modern systems, an infusion of amenities both within the building and in a two-block radius, and a commanding presence with great views of popular Post Office Square Park.“

About Synergy                  
Synergy Investments is a full service real estate investment and operating company primarily focused on the Boston market. We are one of the largest and most active landlords in the city and our growing portfolio includes 3.5 million square feet, providing space to more than 400 businesses and organizations.

About GreenOak                
GreenOak is an independent, partner-owned real estate investment and advisory firm that seeks to create long term value for its investors and to provide strategic advice to its clients. GreenOak has approximately $4.4 billion in assets under management and has raised $2.7 billion of equity to invest in targeted strategies and assets. The firm, founded in 2010, has offices in New York, Los Angeles, London, Munich and Tokyo.      

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 $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $53.6 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.