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News release

Denver

Jones Lang LaSalle appointed to lease 800,000 square feet in Colorado

Firm awarded three key assignments in and around Denver from multiple owners


DENVER, March 4, 2009 - Jones Lang LaSalle in Denver has won three contracts to lease more than 800,000 square feet of office space across the Denver region:
 
LBA Realty, the California-based real estate investment and management company appointed Jones Lang LaSalle as leasing agent for its Financial Plaza buildings in Greenwood Village totalling 137,786 square feet. The office complex comprises of two buildings, 7220 and 7730 East Bellview Avenue, in the heart of the Denver Tech Center.
 
The Koll Company, a real estate services firm based in California, has appointed Jones Lang LaSalle to lease its 331,975 square feet office portfolio consisting of four office buildings.  The assets are Centerra at 1873 South Bellaire Street and Bellaire I,II and III at 1777,1780 and 1805 Bellaire Street respectively.  The properties are in close proximity to the I-25 and Colorado Boulevard.
 
Jones Lang LaSalle also won the 338,892 square foot leasing assignment for 1860 Lincoln Street on behalf of an institutional investor client.  Located in the CBD, the modern, high-tech data center/office building is a 14 story tower set in a prime location. The property is currently home to service performance management firm, ServiceSource.
 
“The leasing wins are testament to Jones Lang LaSalle’s local market knowledge and proven ability to lease premier assets,” said Jones Lang LaSalle Senior Vice President of leasing, Andy Ross.  “The leasing market is picking up in Denver and we know that these properties have great potential for our clients.”
 
There are more than 200 Jones Lang LaSalle real estate professionals based in the Rocky Mountain region. The firm currently leases 4.2 million square feet of assets across the state of Colorado.
 
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 2008 global revenue of $2.7 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 1.3 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 more than $46 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.
 
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