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News release

New York

Jones Lang LaSalle Completes 172,600-SF Lease for Healthfirst at 100 Church Street in New York

Managed care provider to occupy four floors at top of building


NEW YORK, August 17, 2010 — Jones Lang LaSalle has completed a 172,600-square-foot lease for Healthfirst at 100 Church Street in Lower Manhattan. The nonprofit managed care provider signed a 20-year lease for office space at the 21-story, one-million-square-foot office building.

The tenant was represented by Derek Trulson, international director, Daoud Awad, managing director, and Bill Peters, executive vice president, all with Jones Lang LaSalle’s New York office. The building owner, SL Green Realty Corp, was represented by Brian Waterman, James Kuhn, John Fanuzzi, Hal Stein and Lance Korman of Newmark Knight Frank.

Healthfirst previously occupied space at 25 Broadway and 123 William Street in Downtown New York and will consolidate its operations on the 16th floor through the 19th floor of 100 Church Street, which is located between Park Place and Barclay Street across from site of the new Four Seasons Hotel.

“Jones Lang LaSalle conducted an extensive search in Midtown South, Brooklyn and Lower Manhattan, seeking the ideal location for Healthfirst,” said Trulson. “100 Church Street offers a powerful location at the gateway to the new World Trade Center that is made even more employee friendly by great views and easy access to a wide array of transportation.”

Established in 1993, Healthfirst is a not-for-profit managed care organization that provides high-quality healthcare coverage to low-income individuals and families living in New Jersey and New York. Healthfirst offers a variety of government-sponsored health insurance programs, including New York State's Child Health Plus, Family Health Plus, Medicaid, and Medicare. The Healthfirst family of companies includes Healthfirst in New York, Healthfirst NJ in New Jersey and HF Management Services, which provides comprehensive administrative services to healthcare organizations in New York and New Jersey.

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. In the New York tri-state area, Jones Lang LaSalle provides leasing and management services for more than 94 million square feet of commercial real estate on behalf of owners and occupiers in the region. For further information, please visit our Web site, www.joneslanglasalle.com.