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News release

CHARLESTON

JLL relocates Charleston office to historic Cigar Factory building

Led by Lee Allen, local office has grown to six professionals since 2014 opening


CHARLESTON, S.C. June 3, 2016 – Real estate services firm, JLL, has relocated it's Charleston, SC office to the historic Cigar Factory building in order to accommodate growth in its corporate real estate and project and development services businesses.

Opened in 2014 by Lee Allen, Executive Vice President, JLL's Charleston office advises corporate clients on office, industrial and land transactions and also includes a project and development services team that works with real estate occupiers and investors on construction management and owner representation.

Since Allen opened the office, the Charleston team has represented clients on transactions including 7,300+ acres of industrial land sales, 1.5 million square feet of industrial leases and 350,000 square feet of office leases. The JLL team has grown to six professionals who have been involved with some of the market's most significant headquarters, automotive, technology, and logistics related transactions over the past two years.

JLL's Charleston office is currently marketing speculative industrial buildings in two of Charleston's premier industrial parks, Charleston Trade Center and Airport Commerce Center. The speculative buildings total over 600,000 square feet in three buildings and represent a total project value exceeding $50 million. The project development services team is currently managing construction of over 250,000 square feet of ground up office developments totalling over $60 million in construction value.

"Our office has experienced tremendous growth over the past two years, and we're excited to have found a permanent space where we can expand at the Cigar Factory, one of Charleston's landmark buildings," said Allen, a member of JLL's port and global infrastructure team. 

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.