PROPERTY
FOR SALE
   
Jones Lang LaSalle
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  Transaction Terms  
     
 
Inquiries:   All inquiries should be directed to Jones Lang LaSalle
Interest Offered:   A 100% fee simple interest in The Property, a 2.9353 acre parcel with improvements located in Northeast Washington, DC
Sale Price:   The Property is being offered at Ten Million Two Hundred Thousand Dollars ($10,200,000)
Offers:   All offers should be submitted in writing to Michael J. Di Renzo and Ellen S. Herman at the address identified in this Purchase Opportunity Memorandum. Five (5) hard copies are requested plus a single electronic (CD) copy. The final date for the submittal of offers is close of business on tbd
Selection Criteria:  

Factors shall include:

  • Maximum Net Proceeds to Seller
  • Demonstrated ability to perform
Property & Market Tours:   Registered and approved Prospective Purchasers are encouraged to visit the Property and should contact Jones Lang LaSalle to schedule a tour.
Due Diligence Period:   The Due Diligence Period will expire on tbd.
All costs and expenses incurred by the Prospective Purchaser to conduct its various inspections will be the sole responsibility of the Prospective Purchaser. Both the Owner and Prospective Purchasers will cooperate with each other in their respective activities during the Due Diligence Period.
Closing:   The Closing is anticipated to occur on or about tbd. The exact date shall be agreed upon by the parties.

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For more information, contact:

Michael J. Di Renzo
Associate Vice President
+1 202 719 6201
Michael.Direnzo@am.jll.com

Ellen Herman
Executive Vice President
+1 301 717 9866
Ellen.Herman@am.jll.com

 
     
     
  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 2007 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 1.2 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 $53 billion of assets under management. For further information, please visit our Web site, www.us.joneslanglasalle.com.