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News release

WASHINGTON, DC

Westbrook Partners and TIER REIT Hire JLL to Manage Leasing for 1325 and 1341 G St., NW


WASHINGTON, JULY 23, 2015 – Real estate investment firm Westbrook Partners and TIER REIT have awarded JLL the agency leasing assignment for 1325 and 1341 G St., NW, in Washington, DC’s East End submarket.

TIER REIT, which recently sold the buildings to Westbrook Partners, retains an ownership stake in the property.

Located two blocks from the White House, 1325 and 1341 G St. together comprise 440,000 square feet of office space. Prior to selling to Westbrook Partners, TIER REIT had started state of the art renovations to the tenant-only fitness center and conference facility.

The 10-story building at 1325 G St. encompasses over 300,000 square feet and includes a five-level parking garage. With three sides of glass, the building offers unobstructed, column-free views overlooking downtown. The building is LEED Gold certified and received the Building Owners and Managers Association (BOMA) 360 designation in 2011, the industry’s top recognition for outstanding commercial building performance. 

Known as ‘The Colorado Building,’ 1341 G St. has unique historical significance. Originally constructed in 1903, the iconic beaux arts building underwent renovations in 1989 and 2002. The category III landmark property features an ornate lobby with multicolored marble flooring as well as extensive exterior architectural detail.
"The location, amenities and historic charm of these buildings are outstanding," said Doug Mueller, Managing Director, JLL. "The buildings offer unrivalled proximity to major landmarks, restaurants and shopping in the heart of downtown Washington."

The adjacent buildings are just one block from the Metro Center Metro station, a major transfer point serving the Red, Blue, Silver and Orange lines.

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. A Fortune 500 company 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 $55.3 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.