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News release

Dallas

Jones Lang LaSalle Office Leasing and Management Team Wins 237,219-Square-Foot Assignment at Canal Centre in Las Colinas


DALLAS, Sept. 23, 2010 — Jones Lang LaSalle announced today its exclusive leasing and management assignment at Canal Centre, a newly renovated, Class-A office building totaling 237,219 square feet, located at 400 E. Las Colinas Boulevard. The building is currently 23.8 percent leased with more than 166,000 square feet of contiguous space available.
 
The Jones Lang LaSalle team of James Esquivel, Senior Vice President, and Shannon Brown, Vice President, will lead the marketing and leasing efforts on behalf of the landlord, I & G Canal, LLC.  The Jones Lang LaSalle team of Allison Millington, Senior General Manager, and Kelly Brannen, General Manager, will provide property management services.

“I & G Canal is a strong, respected owner with experienced teams that pursue a clear investment philosophy for each of its clients,” said Esquivel. “We are confident that under its ownership, the status of Canal Centre will continue to increase as it adds value to the property.”

Recent renovations at Canal Centre include common areas, restrooms, the lobby and conference centre and a new state-of-the-art fitness center. The property also features on-site management, 24-hour security card access, concierge services and a WiFi café.

“Canal Centre is located in one of the most dynamic office submarkets in DFW, and our team expects to see a significant increase in leasing velocity, especially with the recent upgrades and new tenant amenities at the building,” said Brown. “We can accommodate both large and small users in the market, by offering pre-finished suites with above-standard finishes’.

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.