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News release

Atlanta

AEW Chooses Jones Lang LaSalle to Lease and Manage Colonial Cente

Kevin Lott and Glenn Aspinwall reunite to lease North Fulton office park


ATLANTA, February 19, 2010 — Boston-based AEW Capital Management has chosen Jones Lang LaSalle to lease and manage Colonial Center in the North Fulton submarket.
Jones Lang LaSalle’s Kevin Lott and Glenn Aspinwall will team up to lease Colonial Center, a responsibility they previously shared while executives at Colonial Properties Trust.

Located at Mansell Road and Westside Parkway, Colonial Center consists of four, six-story buildings totalling 653,000 square feet and is occupied by tenants such as Ace Insurance, Verint, Imerys and Humana. Jones Lang LaSalle will also manage Colonial Center’s 36,000-square-foot retail segment. The on-site property management team will continue to be led by General Manager Amanda Madrid who is joining Jones Lang LaSalle from Colonial Properties.

 “AEW is one of the most solid institutional owners in the marketplace and a great partner. For Colonial Center, we’ve assembled a veteran team that knows every facet of the tenant base, the property, the submarket and competing submarkets,” said Clark Gore, Atlanta market director for Jones Lang LaSalle. “Our team’s focused efforts will keep Colonial Center top of mind for both current tenants and prospects. We couldn’t be more delighted about this new assignment and the addition of Kevin to the Jones Lang LaSalle team”.

“It’s a premier asset, and AEW has been great to work with in the past. With the combined resources of AEW and Jones Lang LaSalle, we will maintain and enhance this development’s status as one of North Fulton’s top office locations,” said Glen Aspinwall, Senior Vice President, Jones Lang LaSalle.

“Jones Lang LaSalle provides a comprehensive service platform that will enhance the client experience at Colonial Center,” said Kevin Lott, Vice President at Jones Lang LaSalle. “Our team is thrilled to work with an industry leader to make a seamless transition for our clients, prospective clients, owners and the brokerage community.”
 
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2008 global revenue of $2.5 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.4 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $40 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.
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