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News release

DES MOINES

JLL’s Des Moines Office Ranked in the 2016 Top 100 Office Transactions by SIOR

Heath D. Bullock and Marcus R. Pitts honoured for four transactions in the Western Suburbs


DES MOINES, April 24, 2017- JLL today announced that Heath D. Bullock and Marcus R. Pitts were recognized for the third year in a row by the Society of Industrial and Office Realtors' (SIOR) Top 100 Office Transactions List. The Top Transaction Awards list is a compilation of the largest sales and lease transactions, ranked by dollar value, completed by SIOR members throughout the world.

Bullock and Pitts were recognized for two lease transactions and two sale transactions. The lease transactions ranked number 38th and 40th and included a 97,258-square-foot office lease, a 95,000-square-foot office lease respectively. The two sales transactions ranked 45th and 83rd and included an 88,136-square-foot office building sale and a 46,000-square-foot office building sale respectively. These transactions were tracked as the largest office transactions by the SIOR office member group in Des Moines.   In 2015 the JLL Des Moines market posted a large office transaction that placed in the top 10 leases within SIOR.

Additionally, the two ranked among nearly 650 SIOR members who reported close to 2,000 transactions, totaling more than USD $8.6 billion in leases and sales.

"To have 4 deals in the top 100 transactions nationally is a big kudos to both our JLL brokerage team and the Central Iowa real estate market" said JLL Executive Vice President Marcus Pitts.  "Some of the transactions that hit the books last year were several years in the making.  We are seeing office users planning further and further ahead in the real estate transaction cycle to ensure they have the time and resources necessary to complete negotiations of this size."

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At year-end 2016, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 77,000. As of December 31, 2016, LaSalle Investment Management has $60.1 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.