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News release

New York

Jones Lang LaSalle Seeks RFQ on Behalf of U.S. Postal Service for Purchase of Peck Slip Station

Property consists of 17,789-SF parcel of land, 70,800-SF building housing postal operations


New York, April 13, 2010 — Jones Lang LaSalle has issued a Request for Qualifications on behalf of the U.S. Postal Service for the purchase of Peck Slip Station, 1 Peck Slip.

The USPS RFQ effort is being overseen by Paul Mas, executive vice president and Darin Early, vice president, both with Jones Lang LaSalle’s New York office.
 
The property being offered for sale occupies a full block front in Lower Manhattan and is located between Pearl and Water streets in the historic South Street Seaport district. The property consists of a 17,789-square-foot parcel of land along with a four-story, 70,800-square-foot building that houses USPS retail and delivery operations.

The USPS is seeking qualifications from developers, contractors and other parties interested in purchasing the property. The USPS intends to have the buyer commit to keeping the USPS’ retail and delivery operations on-site as part of any successful acquisition and redevelopment of the property.

The RFQ can be requested by visiting http://www.us.joneslanglasalle.com/uspsproperties.com or by requesting an RFQ application in writing via registered mail or via email to:

Jones Lang LaSalle
601 Lexington Avenue, 33rd Floor
New York, NY 10022
Attention: Peck Slip RFQ
Email: peckslip@am.jll.com

Responses to the RFQ must be received no later than 5 p.m. EST on May 10, 2010 and must be in compliance with the RFQ. Upon completion of the RFQ process, the most qualified respondents, as determined by the USPS, will receive a Request for Proposal. At the conclusion of the RFP process, the USPS and the successful respondent will execute standard USPS agreements.
 
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2009 global revenue of $2.5 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.4 billion square feet worldwide. In the New York area, Jones Lang LaSalle provides leasing and management services for nearly 45 million square feet of commercial real estate. For further information, please visit our Web site, www.joneslanglasalle.com.
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