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News release

ATLANTA, GA

MetLife selects JLL as development manager for midtown Atlanta property

Planning and design underway for strategically located gateway site


​Atlanta, Ga. June 13, 2016 - MetLife Inc. has engaged real estate services firm JLL to serve as a master development manager for its eight and a half acre Midtown Heights property in midtown Atlanta.

In this role, JLL will work closely with MetLife to plan, design and develop a new mixed-use, transit-oriented project at the site, which MetLife began assembling in 2006.

MetLife and JLL have begun planning and concepting design for the new project, with development expected to be phased over 10 years. The companies are studying potential uses and will set direction and timing over the coming year.

A gateway site to midtown Atlanta, Midtown Heights is located at the corner of Spring and 17th streets, across the interstate from Atlantic Station. With easy access to the interstates and mass transit including the Arts Center MARTA station, the property is well positioned for a vibrant, transit-oriented development that will engage and excite the area’s residents and tenants.

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 280 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 $58.3 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.