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News release

Dallas

Jones Lang LaSalle Awarded Exclusive Leasing Assignment at LBJ Tower


DALLAS, July 26, 2010 – Millennium First Development has selected Jones Lang LaSalle as exclusive leasing agent for LBJ Tower, located at 8390 Lyndon B. Johnson Freeway in Dallas. LBJ Tower, formally known as Executive Center I, is a 204, 540-square-foot, Class-A, multi-tenant office building located at the intersection of LBJ Freeway and US-75. Currently, LBJ Tower is 21.7 percent leased and has 154,909 square feet of contiguous space available.

Sandie Matejek, senior vice president and Conor McCarthy, associate with Jones Lang LaSalle will support the leasing and marketing efforts at LBJ Tower on behalf of the ownership.

LBJ Tower marks the first acquisition in Dallas for Mike Jabri, owner of Houston-based Millennium First Development Management and Elegant Development and Investments. Elegant Development and Investments was founded in 1996 and operates with a core focus on residential development and office and medical projects.

“Our team is eager to begin working on the assignment,” said Matejek. “The combination of the building’s prime location near the High Five and ownership’s plans for capital improvement makes LBJ Tower desirable for current and future tenants.”

Building features include crown signage opportunities, an unattached six-level parking garage with a 4:1000 parking ratio, proximity to DART light rail station and on-site management. A new conference center and lobby and exterior improvements are currently underway.

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 1.6 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 approximately $40 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.