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News release

Orlando

Tupperware Taps JLL to Market 81 Acres in Central Florida


Orlando, June 21, 2017- JLL announced today that the firm has been selected by Deerfield Land Corporation, a subsidiary of Tupperware Brands Corporation, to spearhead the marketing of 81 acres of office land entitled for up to one million square feet of office development at Osceola Corporate Center (OCC) situated near Kissimmee, Florida. The land sits on the border of Orange and Osceola counties and offers direct access to the Florida Turnpike, State Road 417, and Osceola Parkway. With this listing, JLL is targeting office users seeking build-to-suit-to-lease or build-to-suit-to-own opportunities ranging from 60,000 to 350,000 square feet.

JLL Executive Vice President, Nick Poole, and JLL Senior Vice President, David Chapin, will lead the sales efforts on behalf of Deerfield Land Corporation.

"Osceola Corporate Center offers a full service, amenity rich, mixed use environment that will increase employee productivity while reducing commute time and transportation expenses for the area's large residential population," said JLL's David Chapin. "Kissimmee's highly educated, bilingual labor market makes this site especially attractive for regional office users, emerging technology companies, professional services firms and call centers."

OCC consists of approximately 500 acres of restaurant, retail, hotel, office and medical facilities and will soon feature an on-site SunRail commuter station. OCC is strategically situated within 10 miles of the Orlando International Airport, six miles of BRIDG at NeoCity, an emerging high-tech manufacturing and research facility, 10 miles of Walt Disney World and 10 miles of Lake Nona's Medical City, a 650-acre health and life sciences park.

"The opportunity to market office land at Osceola Corporate Center is timely since large block office availability in this area is nearly nonexistent," said JLL's Nick Poole.  "This announcement comes on the heels of Tupperware unveiling $150 million in new development projects including Orlando Health's 60,000 square foot medical pavilion and freestanding emergency room, Eastwind Development's two-phase 350 unit apartment complex, a 128 room Hampton Inn Hotel  and a 120-room assisted living and memory care center developed by Providence One Partners.  These investments in the project, coupled with proximity to Tupperware's existing global headquarters, further validate the location for corporate office users."

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.