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News release

Jones Lang LaSalle Completes Two Deals Totaling 33,972 SF at 1330 Avenue of the Americas

Silverpeak Real Estate Partners takes 13,172 SF on 12th floor; Harry Winston Inc. expands to 20,800 SF on 33rd floor & 34th floor


NEW YORK, November 17, 2010 — Jones Lang LaSalle has completed two transactions totaling 33,972 square feet on behalf of Otéra Capital at 1330 Avenue of the Americas. Silverpeak Real Estate Partners signed a lease for 13,172 square feet of office space, and Harry Winston Inc. inked a 20,800-square-foot, five-year renewal and expansion at the 40-story, 534,222-square-foot, Class A boutique office building.

The building owner was represented by Frank Doyle, international director, Cynthia Wasserberger, managing director, David Kleiner, senior vice president, and Alexis Tener, associate, all with Jones Lang LaSalle’s New York office. Silverpeak Real Estate Partners was represented by Stephen Berliner, executive vice president and New York branch manager, and Edward Kang, managing director, of Studley. Harry Winston was represented by Mark Boisi, chairman, and Michael Hoffman, senior managing director, with Cassidy Turley.

“This is the pre-eminent boutique office building on Sixth Avenue,” said Doyle. “1330 Avenue of the Americas offers a unique opportunity for prestigious small to midsize tenants to obtain top-quality office space with expansive views of Central Park from the upper floors and the Sixth Avenue streetscape from the lower floors.”

Silverpeak Real Estate Partners leased 13,172 square feet at 1330 Avenue of the Americas and will occupy a portion of the 12th floor. The investment advisor is relocating to the Class A office building from its existing offices at 1271 Avenue of the Americas.

Harry Winston signed a renewal and expansion to 20,800 square feet and will occupy the entire 33rd floor and 34th floor at the building. The jewelry and timepiece retailer previously occupied the entire 33rd floor at 1330 Avenue of the Americas.

Jones Lang LaSalle serves as exclusive leasing agent and property manager for 1330 Avenue of the Americas. The company has pursued an aggressive marketing campaign for the building that features prebuilt spaces on the larger base floors and on the top floors. The base floors contain approximately 16,300 square feet of space and the tower floors offer approximately 10,000 square feet.

The 1330 Avenue of the Americas office building, constructed in 1965, is located in Manhattan on Sixth Avenue between West 53rd and West 54th streets. Existing office tenants at the building include Pearson, Silvercrest Asset Management Group and Allianz Risk Transfer.

Jones Lang LaSalle is a leader in the New York tri-state commercial real estate market, with more than 1,600 of the most recognized industry experts offering brokerage, capital markets, facilities management, consulting, and project and development services. In 2009, the New York tri-state team completed approximately 21 million square feet in lease transactions, concluded property sales transactions valued at more than $1.75 billion, managed projects valued at more than $4 billion, and oversaw a property and facilities management portfolio of 76 million square feet.

About Otéra Capital

Otéra Capital, as principal lender, offers a full range of commercial real estate financing. The firm’s integrated approach covers both term and construction loans, together with loan servicing and asset management. Otéra is also capable of offering an extensive range of debts products including syndications and securitizations. The firm is a subsidiary of the Caisse de dépôt et placement du Québec, one of the leading institutional fund managers in Canada.

About Silverpeak Real Estate Partners

Silverpeak Real Estate Partners is an investment advisory business with approximately $18 billion of real estate assets under management.

About Harry Winston Inc.

Harry Winston Inc. is headquartered in New York City, operates 18 retail salons worldwide, and intends to expand its retail network, both in the US and internationally. In addition, Harry Winston Inc. has over 150 points of distribution internationally for its exclusive line of timepieces.

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 website, www.joneslanglasalle.com.