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News release

Denver

Jones Lang LaSalle Wins 1.3 Million SF Republic Plaza Leasing Contract

Firm scores highest profile leasing assignment of the year in Denver


DENVER, July 30, 2010 — Jones Lang LaSalle has won the exclusive leasing mandate for Republic Plaza at 370 17th Street in downtown Denver.  The 1.28 million-square-foot, Class A property stands 56 stories and is the tallest office building in the entire Rocky Mountain Region.  Jones Lang LaSalle now leases and/or manages more than 7.1 million square feet in the region.

Jones Lang LaSalle Senior Vice President Peter Schippits will lead leasing efforts on behalf of the owner, Brookfield Properties.

“Brookfield Properties’ Republic Plaza is Denver’s most prominent landmark in the heart of the CBD.  It stands 714 feet tall and boasts over 1.2 million square feet of office space with two additional levels devoted to shops, restaurants and service businesses,” said Schippits.  “The building provides tenants with an extremely attractive work environment and a variety of amenities including an extensive food court, numerous retailers, conference rooms and the most dramatic views in the city.”

“We are delighted to have Jones Lang LaSalle as our partner on the leasing efforts for Republic Plaza,” said David Sternberg, Brookfield’s head of Midwest Operations.  “JLL and Pete Schippits’ knowledge of the Denver CBD market will provide us with the necessary guidance to be successful.”
 
The building is 95 percent leased and has been awarded an Energy Star label for its operating efficiency for the past three years.  Last year it also achieved Gold LEED certification by the U.S. Green Building Council.

About Brookfield Properties
Brookfield Properties is a commercial real estate corporation that owns, develops, and operates premier assets in the downtown cores of high-growth North American cities. Their signature properties define the skylines of many major metropolises including New York, Boston, Washington, D.C., Los Angeles, Houston, Toronto, and Calgary. Brookfield Properties is a publicly traded company, and is listed under the ticker symbol BPO on both the New York and Toronto Stock Exchanges.

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 $38 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.