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News release

NEW YORK

JLL Tapped by Sator Realty to Lease Retail Space at 663 Fifth Avenue

Firm to market 17,966 square feet of retail on lower floors of Midtown office building


NEW YORK, October 14, 2016 — JLL was selected by Sator Realty Inc. as exclusive leasing agent for 17,966 square feet of retail space located at 663 Fifth Avenue. The firm will provide a full range of marketing and transaction services for the retail site, which is part of a 52,500-square-foot Class A office building.

The JLL team handling the agency leasing assignment is led by Robert Gibson, vice chairman of New York retail services, and includes Matt Ogle, executive vice president, and Davie Berke and Steven Robinson, vice presidents.

"The space at 663 Fifth Avenue presents a tremendous global branding opportunity for a retailer seeking a multi-level flagship on New York's most famous Fifth Avenue shopping district," said Gibson. "Currently occupied by an Ermenegildo Zegna boutique, this space features a stunning double-height glass storefront. Few locations can boast neighbors that include Salvatore Ferragamo, Cartier, Rolex, Versace and Saks Fifth Avenue. The site also offers unmatched foot traffic, given its location on Fifth Avenue, just a few steps from Rockefeller Center and St. Patrick's Cathedral."

The Class A office building is located between 52nd and 53rd streets, and includes eight stories of office space, totaling 52,500 square feet, and four levels of retail space, totaling 17,966 square feet. The retail site includes 3,825 square feet on the ground floor, 4,029 square feet on the second floor, 7,811 square feet on the third floor and 2,301 square feet on the lower level. The ground floor offers 30 feet of frontage along Fifth Avenue.

JLL is a leader in the New York tri-state commercial real estate market, with more than 2,300 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services. In 2015, the New York tri-state team completed approximately 32.6 million square feet of lease transactions; arranged investment sales, notes, debt and equity transactions valued at more than $8.2 billion; managed projects valued at $7.8 billion; and oversaw a property management, facilities management and agency leasing portfolio exceeding 141 million square feet.

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.