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Marcus R. Pitts and Justin Lossner win for top deals
DES MOINES, September 27, 2017 – Marcus R. Pitts and Justin Lossner were honored at the 21st Annual Iowa Expo for their work on recent deals. The Iowa Expo is sponsored by Iowa Commercial Real Estate Association (ICREA) and the Iowa CCIM Chapter.
Marcus R. Pitts, CCIM, SIOR was awarded the Top Deal under $5.0M in Deal Volume for his work in bringing B&B Theatres to Ankeny's Prairie Trail development. They are planning to open a 12-screen movie theater and 12 lane bowling alley – a first for the company – for their first project in Iowa. The ground breaking is scheduled for October 3, 2017. Opening is scheduled for Fall of 2018.
Justin Lossner, CCIM was awarded the Top Deal over $5.0M in Deal Volume for his work in representing ARAG North America in securing space within the Keck City Center parking garage at 500 Grand Avenue. Seeing the vision of how three stories of old parking ramp space could be transformed into an open, collaborative workspace proved to be a challenge. An architect firm was brought in and the building owner preemptively demolished the space, showing ARAG how dramatic the volume could be. The building will be renamed and they will occupy the space in November 2017.
(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 $145 billion. At the end of the second quarter of 2017, JLL had
nearly 300 corporate offices, operations in over 80 countries and a global
workforce of nearly 80,000. As of June 30, 2017, LaSalle Investment
Management had $57.6 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 jll.com.
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