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News release

BOSTON, MA

MetLife Selects JLL as Exclusive Leasing Agent for One Beacon

One million-square-foot tower is one of Boston’s landmark assets


BOSTON, MA – (February 18, 2016) – MetLife, Inc.  (NYSE: MET) has appointed JLL as the exclusive leasing agent for One Beacon Street, a landmark of the Boston skyline. Meeting the demands of Boston’s dynamic tenant base, One Beacon boasts unparalleled views, a robust infrastructure, a variety of amenities and an extremely accessible location.

One Beacon Street is LEED Platinum certified and offers more than one million square feet of first class office space, including low-rise space with high-rise views given its position atop Beacon Hill. The property’s strong amenities package includes: the all new UMass Club, Boston Sports Club, Rebecca’s Café, secure bike storage, underground parking, 24-hour security, a full-service bank, and much more just a short walk away.

Located in the heart of downtown Boston, One Beacon Street stands at the intersection of the Financial District and the Back Bay. This prime location provides tenants with convenient transportation access. North and South Stations which service the commuter rail are both within six blocks of the property, and the MBTA's Red, Green, Orange and Blue Lines all converge at nearby stations. In addition, One Beacon offers swift entrance and egress to and from Massachusetts' major highways.

 “MetLife is excited to partner with JLL on One Beacon, which is a core trophy asset and a landmark component of the skyline of Boston,” said Joel Redmon, managing director at MetLife Investment Management. “We look forward to working with JLL to continue to attract a wide range of tenants who value the building’s prime location, rich amenity set, and superior features, including the best views of Boston.”

According to JLL Managing Director Bill Barrack: “We are eager to re-introduce One Beacon Street to the Boston brokerage and tenant community. We truly believe this exceptional property can be an exciting home to all types of companies looking for efficient, modern offices that can support a collaborative work environment.”

One Beacon Street is currently 82 percent leased, with tenants that include creative firms such as Gensler, NBBJ, and Environmental Resources Management (ERM). In addition, the building is home to blue chip tenants like JP Morgan Chase Bank, Boston Consulting Group and Northwest Mutual.

MetLife owns One Beacon Street in a joint venture with Norges Bank Investment Management.

JLL’s leasing team is led by Bill Barrack, Brad McGill, Molly Heath, Patrick Nugent, and Bryan Sparkes.

About MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates ("MetLife"), is one of the largest life insurance companies in the world. Founded in 1868, MetLife is a global provider of life insurance, annuities, employee benefits and asset management. Serving approximately 100 million customers, MetLife has operations in nearly 50 countries and holds leading market positions in Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.

About Norges Bank Investment Management
Norges Bank Investment Management is the asset management division of Norges Bank, the Norwegian central bank. As manager of the Government Pension Fund Global, its mission is to safeguard and build financial wealth for future generations in Norway. Norges Bank Investment Management aims for the highest possible long-term return within the investment mandate set by the Ministry of Finance. The fund is invested globally in equity, fixed income and real estate and had assets worth 7,019 billion kroner, or about $820 billion, as at 30 September 2015.

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 $5.2 billion and gross revenue of $6.0 billion, JLL has more than 230 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $56.4 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.​