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News release

HOUSTON, TX

JLL Awarded Leasing and Management of 5300 Memorial Drive in Houston, Texas


HOUSTON, March 1, 2016 – JLL today announced that Philadelphia-based Equus Capital Partners has selected the firm to lease and manage 5300 Memorial Drive, a 150,000-square-foot office building in Houston, Texas.

JLL Senior Vice President Jessica Ochoa and Vice President Russell Hodges will oversee the building’s leasing on behalf of Equus. JLL Senior General Manager Lisa Skelton will manage the building.

“5300 Memorial’s niche location has always helped to sustain its continued success,” said Russell Hodges. “With the implementation of Equus’ capital improvement project, the building will now provide prospective tenants with an even more compelling value proposition. The capital plan will include upgrades to the building’s landscaping, entries, main lobby, multitenant corridors, elevator lobbies and restrooms.”

The 11-story office building features modern design elements throughout and is situated within walking distance of numerous amenities.

5300 Memorial is conveniently located in the Midtown submarket between Memorial Park and Buffalo Bayou Park, approximately three miles west of Houston’s Central Business District. According to JLL research, the Midtown submarket encompasses more than 4.4 million square feet of Class A and B office space and posted positive net absorption of 2.6 percent in 2015.

For more information, contact JLL Agency Leasing at +1 713 888 4099.

For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: http://bit.ly/18P2tkv

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.