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News release

WASHINGTON, DC

JLL Set to Move D.C. Office to 2020 K Street at the end of 2017

Firm to meld traditional and modern workspace design to create a best-in-class office 


WASHINGTON, DC, February 1, 2017- JLL announces today its plans to move its Washington, D.C. corporate office to 2020 K Street in the fourth quarter. The commercial real estate firm has signed a lease for 70,651 square feet on the building's top two floors and plans to utilize the space to create a more efficient workplace environment for employees, including more opportunities to collaborate and interact with our clients.

"We have spent the last 12 months actively engaged in a robust site selection process," says Michael Ellis, Southeast Market Director, JLL. "Our primary goal was to balance the needs of employees by finding a space that would allow for more opportunities to interact and share resources, including the addition of an internal cafe. 2020 K Street will create a sense of unity and teamwork for our people and clients and will continue to achieve our vision to be the best place to work in commercial real estate."

JLL is putting into practice the best-in-class workplace strategies they have helped clients achieve for years. The new space will increase the firm's flexible shared workspaces by approximately 25 percent and offers expansive natural light. A new café will serve as a lounge space for employees, providing a central hub for the firms' many business lines to interact. A visitor meeting space will provide clients and JLL partners a private work area when visiting 2020 K. Workplace collaboration is expected to increase and the final space will be a reflection of the company's culture of teamwork, ethics and excellence.

JLL's Project and Development Services team is working closely alongside architecture and interior design firm, Hickok Cole to develop unique spaces that will serve as strategic gathering places for employees. These modern amenities and collaboration spaces will be counterbalanced by some traditional elements as well, in an effort to appeal to everyone's needs within the firm. Plans include a larger welcome reception area, a variety of conference spaces as well as multiple private office and workstation configurations.

 "We have helped clients improve and evolve their workspaces for years. Now, we have the opportunity to put our experience into practice," states Ellis. "These elements, combined with the upgrades that the owner has made to the building lobby, fitness center, roof deck and common areas will create a state-of-the-art destination for our employees."

JLL was represented by Managing Directors Chris Bynum and Joe Judge from the Firm's Tenant Representation 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.  JLL is a Fortune 500 company with, as of December 31, 2015, revenue of $6.0 billion and fee revenue of $5.2 billion, more than 280 corporate offices, operations in over 80 countries and a global workforce of more than 70,000.  On behalf of its clients, the company 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. As of September 30, 2016, its investment management business, LaSalle Investment Management, has $59.7 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.​