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News release

HOUSTON, TX

JLL Negotiates 50,208-Square-Foot Office Lease in Houston, Texas

Lubrizol expands within One Briarlake Plaza


HOUSTON, July 18, 2016JLL today announced the firm has negotiated the extension and expansion of a 50,208-square-foot office lease at One Briarlake Plaza located at 2000 W Sam Houston Parkway in Houston, Texas. Lubrizol signed a lease comprising the entire third and fourth floors of the 20-story building. The Wickliffe, Ohio-based chemical company, originally leased 38,133 square feet in the Class A office building.

JLL Vice President Ryan Barbles negotiated the terms on behalf of the tenant. Executive Vice President John Pruitt and Senior Vice President Jessica Ochoa, also with JLL, represented the landlord, TIER REIT Inc.

"The location of One Briarlake Plaza works well with regards to both Lubrizol's employee base and customers in the oil and gas industry," said Barbles. "The landlord was accommodating of Lubrizol's growing needs, allowing the tenant to expand at their current location without interruption to employees or business operations."

One Briarlake Plaza is a LEED Gold certified office building located in the Westchase submarket, approximately 20 miles from Houston's Central Business District. Built in 2000, the building's amenities include a conferencing facility, fitness center and dining services.

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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.