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News release

CINCINNATI, OH

JLL to Lease Class A, Five-Building Portfolio at Centre Pointe

Newly Available Space Gives Large Tenants the Opportunity to Occupy Class A Commercial Space


CINCINNATI, July 21, 2016 – Today JLL announced that it has been selected to lease the 640,000 square foot Centre Pointe complex on behalf of owners Oaktree Capital Management and Hines. Centre Pointe is a high-profile, five-building portfolio with upscale amenities located along Interstate 75 in West Chester Township. Historically, the portfolio has been more than 90 percent leased but a shift in occupancy has created a rare opportunity for tenants in the market for large blocks of space.  

Members of the JLL team representing the owners include Executive Vice President in JLL's Cincinnati office, David Ottenjohn, Executive Vice President, Bill Poffenberger, and Vice President, Todd Pease.  

"We're honored that Oaktree and Hines selected our team to lease available space at Centre Pointe," said Ottenjohn. "There has never been this amount of vacancy here, so it's an amazing opportunity for large tenants to select a Class A suburban building with significant exposure."  

With convenient access along West Chester Road and exposure from the I-75 highway, large tenants will be highly visible and easily accessible from the Cincinnati and Dayton market. Much of the vacant space will become available after the first of the year, although arrangements can be made to make the space immediately available. 

"We are pleased to have this experienced and proven JLL team working on our behalf to identify the next generation of new tenants for Centre Pointe," said Hines Vice President Dan Eifert. "We're ready to do business."

For more information about JLL's Cincinnati office, visit www.jll.com/cincinnati.

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.

About Hines
Hines is a privately owned international real estate investment, development and management firm. Founded in 1957, the organization is currently active in 20 countries and has approximately 3,700 employees. Hines has $89.1 billion of assets under management, including $42.5 billion for which Hines provides fiduciary investment management services, and $46.6 billion for which Hines provides third-party property-level services. Hines' portfolio consists of more than 351 million square feet of real estate developed, redeveloped or acquired in 1,126 projects globally, with another 109 projects totaling 57.5 million square feet currently in design or under construction. The firm's property management portfolio includes 457 properties with over 193 million square feet. ​