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News release

Atlanta and Chicago

Comcast Renews 135,000SF Lease at Windy Point I  


ATLANTA and CHICAGO, January 13, 2009 – Piedmont Office Realty Trust, Inc. and Jones Lang LaSalle today announced that Comcast Corporation has renewed its 135,000-square-foot lease at Windy Point I located at 1500 McConnor Parkway in Schaumburg, IL.  Comcast, the nation's leading provider of entertainment, information and communication products and services, has held tenancy in the building for almost 10 years.
 
The tenant was represented by the team of Dave Berry, Fred Schuler, John Musgjerd and Sean Reynolds of Jones Lang LaSalle.  Piedmont Office Realty Trust, owner of the property, was represented by Rob Lundin, also from Jones Lang LaSalle, and Joel Williamson of Piedmont.
 
“Cost optimization was the most important criteria in Comcast’s real estate decision,” said Mr. Berry.  “We scoured the Northwest marketplace for the right combination of location and price and when we weighed all of our options, staying at Windy Point I provided the most cost effective and ideal location for the company.  We were able to come to terms that worked well for both Comcast and Piedmont.  It was a win-win situation.”
 
“Comcast is a highly valued tenant at the building,” said Mr. Williamson of Piedmont.  “We are pleased that they chose to stay and validates the appeal of Windy Point I.  The ideal location, coupled with the upscale amenities, makes it attractive for many types of businesses.”   
 
Jones Lang LaSalle is the exclusive leasing agent of Windy Point I, a 187,000-square-foot, Class A office that is 100 percent leased.
 
About Piedmont
 
Piedmont Office Realty Trust is a public, non-traded REIT specializing in Class-A office properties. As of September 30, Piedmont owned 84 buildings, totaling more than 21 million square feet, in 23 states and Washington, D.C. Properties include the corporate headquarters of such organizations as U.S. Bancorp, NASA and Nestlé USA. Across the portfolio, Piedmont properties are approximately 92 percent leased. For more information, see www.piedmontreit.com.
 
About Comcast:
 
Comcast Corporation (Nasdaq: CMCSA, CMCSK) (www.comcast.com) is the nation's leading provider of entertainment, information and communication products and services. With 24.4 million cable customers, 14.7 million high-speed Internet customers, and 6.1 million Comcast Digital Voice customers, Comcast is principally involved in the development, management and operation of broadband cable systems and in the delivery of programming content.
 
Comcast's content networks and investments include E! Entertainment Television, Style Network, Golf Channel, VERSUS, G4, PBS KIDS Sprout, TV One, ten Comcast SportsNet networks and Comcast Interactive Media, which develops and operates Comcast's Internet businesses, including Comcast.net (www.comcast.net). Comcast also has a majority ownership in Comcast-Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia.
 
Comcast’s Greater Chicago Region, based in Schaumburg, Illinois, serves more than 2.1 million customers in several Illinois markets, including Chicago, Peoria, Springfield, Champaign, Rockford and Quincy, as well as South Bend, Indiana.  Comcast employs more than 7,900 local residents across the region.
 
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 2007 global revenue of $2.7 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 1.2 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $53 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.