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News release

ATLANTA

JLL Brokers the Sale of Warner Robins Place

The Warner Robins, Georgia retail asset was purchased by Integris Ventures


ATLANTA, May 8, 2017 – JLL today announced it has sold Warner Robins Place, an open-air shopping center in Warner Robins, Georgia to St. Louis-based Integris Ventures. Warner Robins Place is a 107,941-square-foot shopping center anchored by TJ Maxx, PetSmart and Beall's Outlet and shadow anchored by Walmart Supercenter and Lowe's Home Improvement.

JLL Managing Director Margaret Caldwell and Vice President Margaret Jones led the transaction for the seller, Cleveland, Ohio-based DDR.

"There was significant interest in the property as the dominant retail center in an established market with an extended trade area. The exciting tenant line-up is accentuated by the proven tenant performance at the property," said Caldwell.

Jason Fine, President of Integris Ventures commented, "We are very pleased to add Warner Robins Place to our portfolio. Its location along highly trafficked Watson Boulevard and the tenant performance attracted us to the property; and, we feel that this will be a strong asset for many years to come."

Warner Robins Place is located along Watson Boulevard, the primary retail corridor of Warner Robins and surrounding areas. With 2 million square feet of retail in the immediate vicinity, Warner Robins Place is well located in the center of the retail hub. The corridor is well leased and creates critical mass drawing additional shoppers to the area and allows the Property to benefit from the surrounding retail with complementary tenants like Target, HomeGood and Ross Dress For Less.

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 the end of the first quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 78,000. As of March 31, 2017, LaSalle Investment Management had $58.0 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 or www.caldwellteam-jll.com.