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Marcus R. Pitts and Justin Lossner secure Big Deals
DES MOINES, January 17, 2018 – The Certified Commercial Investment Member (CCIM) organization has recognized JLL Des Moines as top deal makers in the November/December 2017 and January/February 2018 issues of Commercial Investment Real Estate magazine.
Marcus R. Pitts, CCIM and Justin Lossner, CCIM represented an undisclosed seller in the $16.2 million sale of a 407,938 sf industrial property located at 3600 Army Post Road in Des Moines to an undisclosed buyer to secure the top deal. In addition, Pitts and Lossner also represented an undisclosed seller in the $14.7 million sale of a 208,000 sf industrial property located at 810 S.E. Corporate Woods Drive in Ankeny to an undisclosed buyer, which came in as the second top deal.
Also making the list was a $9.8 million sale of the 92-unit multifamily property located at 1603 NW Prairie Lakes Drive in Ankeny.
Included in the January/February 2018 issue, Pitts and Lossner are recognized for presenting Federal Home Loan Bank of Iowa in the $20.5 million purchase of a 225,654 SF office space from an undisclosed seller. They also represented ARAG in the more than $7.3 million lease of a 41,241 SF office space from an undisclosed lessor.
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 $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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