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News release

SALT LAKE CITY, UT

JLL Secures Space for PRA Health Sciences

Global CRO signs long-term lease to occupy 65,000 SF in Class-A building


SALT LAKE CITY, September 16, 2016 - JLL today announced the company PRA Health Sciences (PRA) is solidifying its presence in Salt Lake City. JLL has secured space for the company in Central Valley East, one of the tighter markets in the city due to phenomenal access and it's close proximity to core medical facilities. PRA, previously spread out though three locations, will now lease 65,000 square feet of space in 1255 East 3900 South Street, also known as the Evergreen Office Plaza. The move supports the company's strong growth and commitment to their clients and the surrounding community.

JLL Vice President Jami Marsh and Managing Director Jim Balderson represented PRA in the transaction. Alison Beddard and Peter Hanlon from Cushman Wakefield represented the landlord.

PRA Health Sciences is one of the world's leading global contract research organizations providing outsourced clinical development services to the biotechnology and pharmaceutical industries. PRA has performed approximately 3,300 clinical trials worldwide and has worked on more than 100 marketed drugs across several therapeutic areas.

"Combining assets under one roof will offer PRA the opportunity to provide their employees with a more cohesive, efficient environment," said Jami Marsh, JLL "This will drive innovation and creativity and allow PRA to remain on the forefront of development."

Evergreen Office Plaza is a four-story, 68,000 square foot building recently renovated to include glass openings to the building, a grand entrance pavilion and many other amenities. The property is located in east side Salt Lake close to the hospital, restaurants, shops, hotels and a dense, high income, population.

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.