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News release

Washington, D.C.

Goulston Storrs Takes 21,500 SF in Move to 1999 K Street NW


WASHINGTON, D.C., March 11, 2011 – Jones Lang LaSalle recently completed a sublease for 21,500 square feet of office space at 1999 K Street on behalf of Goulston Storrs (Goulston), a leading Washington law firm.  Goulston moved from its previous location at 2001 K Street to accommodate the firm’s growth.

Goulston subleased excess space from another law firm, Mayer Brown, a tenant of 1999 K Street with a 15 year lease. The Mayer Brown did not need the entire 243,000 square feet of space in the building.  With 1.4 million square feet of sublet feet available in the Washington, D.C. market Jones Lang LaSalle was able to negotiate very favorable terms for Goulston.

Amy Bowser and Trip Howell of Jones Lang LaSalle represented Goulston in the deal, while Chau Leung and Pat Marr of CBRE represented Mayer Brown, LLP. 

Located in the center of Washington’s business corridor, 1999 K Street NW is in close proximity to the city’s world-class restaurants and hotels, and is also nearby several Metro stops.  This modern office building features glass floor-to-ceiling windows, private balconies and a “green roof” with a deck for exclusive tenant use.  In addition, the property offers a state-of-the-art fitness center, responsive on-site management, a 24-hour concierge service and valet parking.
 
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 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 60 countries from more than 1,000 locations worldwide, including 185 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 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 $41 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.