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News release

HOUSTON

Industrial construction company to relocate, expand headquarters in Houston

JLL negotiates 36,596-square-foot office lease for PCL Industrial Construction


HOUSTON, June 22, 2017JLL today announced the firm completed a 36,596-square-foot office lease for PCL Industrial Construction. The company will relocate their headquarters to a new building in the Grandway West development, at 2322 West Grand Parkway in the Houston suburb of Katy.

JLL's Eugene Terry and David Bale negotiated the terms on behalf of the tenant. Transwestern's Parker Burkett represented the landlord, Insite Realty.

Grandway West is a five-building office complex being developed at the Grand Parkway and West Park Tollway. PCL Industrial Construction will occupy the entire second floor of Building 4, a two-story, 72,045-square-foot Class A office building that will deliver January 2018.

"We needed a significantly larger space to accommodate current and future growth," said John Moreno, Regional President of PCL. "In planning for the future, we were in search of high quality office space that was close to our employee base. This new location will provide us the office space and the quality we desire, in a location that supports both our business and our team."

A subsidiary of Denver-based PCL Construction Enterprises, PCL Industrial Construction is a full-service industrial contractor to the power, oil and gas, petrochemical, and mining industries. The company currently occupies 18,144 square feet at Ten Plaza West, 15915 Katy Freeway in Houston.

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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.