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News release

NEW ORLEANS, LA

Kongsberg Maritime Inc. Opens North America Regional Support Center in New Orleans

JLL serves as project manager for 84,531-square-foot design build facility


NEW ORLEANS, Sept. 14, 2016JLL today announced the official opening of Kongsberg Maritime's North America regional support center located in James Business Park at 145 James Drive East, in the New Orleans suburb of St. Rose, Louisiana. Kongsberg, a global provider of on- and offshore maritime solutions, took occupancy of the first and second floors of the building upon its delivery.

JLL served as the project manager for the $15.9 million, 84,531-square-foot office and warehouse facility.

Chris Donner led the JLL project management team, which also included John P. Roberts and Ed Shoemake. Caserta Architects and Woodward Design+Build provided design and general contracting services to the project.

"Kongsberg Maritime wanted to build a new, modern training facility in the New Orleans area," said Donner. "JLL was able to assist through the site selection and design-build process, the result being a state-of-the-art facility that supports their current business needs and will accommodate continued growth into the future."

Completed in June 2016, the building includes approximately 77,000 square feet of Class A office space, a 7,000-square-foot warehouse, multiple training classrooms, kitchen facilities and an exercise facility complete with squash and basketball courts. The third floor of the building, which encompasses 28,000-square-feet of Class A office space, is currently available for lease.

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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 $59.1 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.