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Just closed Prince Street Plaza in Washington, D.C. for $17.5 Million
In addition, the team is currently marketing several Class A and trophy assets in the region including the trophy asset known as 1899 Pennsylvania for Frankfurt-based KanAm Grund Kapitalanlagegesellschaft mbH. The 186,462-square-foot property, located on the main artery of the city’s Central Business District just three blocks from the White House, will likely fetch in excess of $150 million. In addition, the team is also marketing 3190 Fairview Park in Falls Church, a trophy-quality suburban property that is expected to bring upwards of $75 million, as well as two properties leased to the Social Security Administration (GSA) near Baltimore, MD in close proximity to the agency’s headquarters.
About Jones Lang LaSalle Capital Markets
Jones Lang LaSalle Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for its clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In the last three years, Jones Lang LaSalle Capital Markets completed more than $143 billion transactions globally. The firm’s Capital Markets team comprises approximately 1,500 specialists, operating in 180 major markets worldwide.
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
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