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News release

DALLAS

American Fidelity Assurance secures, renames Las Colinas asset

JLL selected as exclusive leasing partner


DALLAS, July 25, 2017 – American Fidelity Assurance has awarded JLL's Agency team exclusive leasing assignment for their recently acquired Las Colinas asset Plaza one61. The four-story, Class A property, formerly known as Granite Plaza, is located at 7301 N. State Highway 161 in Irving, Texas.

The office property boasts more than 195,000 square feet of rentable Class A office space; over 23,000 square feet of office space is immediately available. Plaza one61 has immediate access to the George Bush Turnpike, Highway 114 and the LBJ Freeway, providing tenants a 15-minute drive to DFW International Airport or Dallas Love Field and 20-minute drive to downtown Dallas.

JLL Senior Vice President Jay Bailey and Senior Associate Ahnie Sheehy are leading leasing and marketing efforts.

"We are thrilled to partner with American Fidelity Assurance on Plaza one61," said Bailey. "This asset is poised to meet the growing demand within one of Dallas' most active office submarkets. American Fidelity Assurance's foresight and vision for this unique office opportunity provides the ideal blend of amenities and location for future tenants."

Renovations to the property are already underway, including an upgraded conference center and on-site food service. CBRE will provide on-site management for the property.

Las Colinas continues to gain the attention from perspective tenants making it one of the most active office submarkets in the metroplex. According to JLL Research, through Q1 2017, Las Colinas' total vacancy rate is at 13.5%, right behind Uptown at 8.7% with many of their recent deliveries filling up and Preston Center at 9.5%.

For more information about Plaza one61, please contact Jay Bailey at +1 214 438 6100 jay.bailey@am.jll.com, or Ahnie Sheehy at +1 214 438 6376 or ahnie.sheehy@am.jll.com.

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.