TAMPA, Dec. 5, 2012 – Global real estate services firm Jones Lang LaSalle (NYSE:JLL) has signed a seven-year lease to relocate its Tampa office to SunTrust Financial Centre, in the heart of downtown Tampa. JLL is set to occupy 10,784 square feet of Class A office space in the first quarter of 2013. The new office will house 40 employees in many of the firm’s service lines, including: Office Tenant Representation and Agency Leasing, Industrial Tenant Representation and Agency Leasing, Property Management, Project and Development Services, Research, Capital Markets and Corporate Solutions.
Sharon Bragg, Vice President at Jones Lang LaSalle, represented the landlord, The Brookdale Group. Chad Rupp, Managing Director at Jones Lang LaSalle, represented the firm.
“With this move, we are showing our commitment to the landlord, the building and Tampa’s Central Business District,” said Rupp. “The new office expands our footprint by almost 4,000 square feet and allows for our continued growth as a market leader in the Tampa Bay region and Central Florida.”
Acquired in December 2011 by an affiliate of the commercial real estate firm, The Brookdale Group, the 36-story, 527,000-square-foot, Class A office building is 88 percent leased. Designed by U.S.-based firm Cooper Carry, the building is leased exclusively by Jones Lang LaSalle and managed by Means Knaus Partners. In 2010 and 2011, the building was designated the “Outstanding Building of the Year” by the Building Owners and Managers Association’s Tampa Bay chapter. It is located at 401 East Jackson Street in Tampa’s Central Business District.
Jones Lang LaSalle has approximately 558 employees providing real estate expertise across all major markets in Florida, including leasing, both tenant and landlord representation, property management, project and development services and investment sales. Jones Lang LaSalle’s Florida leasing and management portfolio has more than doubled in the past year to 25 million square feet, which includes some of the state’s most iconic buildings. In 2012, the firm was named one of ‘Florida’s Best Companies to Work For’ by Florida Trend magazine.
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 2011 global revenue of $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 2.1 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 $47 billion of assets under management. For further information, please visit www.joneslanglasalle.com.