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News release

WASHINGTON, DC

US General Services Administration Awards Two Leasing Support Contracts to JLL

JLL to support GSA leasing activities in National Capital and Northern Service Areas


WASHINGTON, D.C., NOVEMBER 9, 2015 - JLL announced today that it has been awarded two contracts as part of the U.S. General Services Administration’s (GSA) new generation of service contracts. Under the GSA Leasing Support Services (GLS), JLL won competitions to provide real estate services in the National Capital and Northern Service Areas.

GLS provides GSA contracting officers with a broader menu of real estate services and places more of a focus on geographic zones than past contracts. Expanded services under the GLS include developing requirements for GSA’s customer agencies and more robust oversight of tenant improvement construction. These contracts also cover traditional brokerage services included in the past, such as market surveys, document preparation, lease negotiations and site visits. GLS is expected to generate approximately 30-40 million square feet of assignments, according to the GSA.

“We look forward to working closely with our clients in both zones and building on a history of service and success,” said Chris Roth, JLL International Director. “These contracts will enable JLL and the GSA to better serve GSA’s customer agencies and the United States taxpayer.”

JLL was awarded the National Capital Service Area, also referred to as Zone 4, which includes Washington, D.C., as well as portions of Maryland (Montgomery and Prince George's counties) and Virginia (the cities of Alexandria and Falls Church, and Arlington, Fairfax, Loudoun and Prince William counties).  JLL will have the opportunity to compete for up to 162 lease assignments over the next five years in Zone 4.

JLL was also awarded the Northern Service Area, or Zone 1, which includes Boston, New York, Philadelphia, Chicago and all other surrounding cities and states in GSA’s Regions 1, 2, 3 and 5.  JLL will be have the opportunity to compete for up to up to 524 lease assignments over the next five years in Zone 1.

According to the GSA, this zonal approach will be more flexible and help the government demonstrate cost savings for U.S. taxpayers. The agency also said the new contracts will reduce administrative burdens for its private sector partners and allow the brokers working on government assignments to provide more strategic planning services.

JLL’s key personnel on the contracts include Chris Roth and Jae Lee. Performance will be delivered through the efforts of many professionals, including JLL’s federal transaction leads, a cadre of commercial real estate brokers and a select group of small businesses.

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About JLL’s Public Sector Real Estate Practice
JLL’s public sector real estate practice is a premier provider of strategic real estate advisory and transaction services for local, state, national and international public institutions, covering the spectrum of the real estate cycle.  From strategy and project management, to transaction execution, JLL brings public sector entities the perspective and expertise to turn a real estate portfolio into a collection of working assets that meet operational and occupancy requirements while generating revenues and reducing costs.

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 $57.2 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.