Jones Lang LaSalle selected to sublease space for Wachovia.Jones Lang LaSalle Jones Lang LaSalle (NYSE: JLL) is a major real estate and money management services firm headquartered in the Aon Center in Chicago, Illinois and the only company in its industry making it into Fortune magazine's list of the 100 Best Places to Work in the U.S. (NYSE NYSE See: New York Stock Exchange : JLL JLL Jones Lang LaSalle (real estate service and investment management firm) JLL Junior League of London JLL Junior League of Louisville JLL Joint Lessons Learned JLL Junior League of Lincoln JLL Junior League of Lynchburg ), the leading global real estate services and investment management firm, has been selected by Wachovia Corporation to sublease sublease n. the lease of all or a portion of premises by a tenant who has leased the premises from the owner. A sublease may be prohibited by the original lease, or require written permission from the owner. space at One Seaport Plaza. Peter Riguardi, president, Frank Cento and Bob Flippin, managing directors, and John Wheeler, executive vice president, all with Jones Lang LaSalle's New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of office, will lead the team overseeing the disposition of Wachovia's excess space. Wachovia obtained the more than 400,000 square feet of office space at the 1.05 million-square-foot One Seaport Plaza through the July 1, 2003, combination of its brokerage subsidiary, Wachovia Securities, with Prudential Securities. The combined brokerage firm, which has since consolidated its New York-based home office groups into One New York Plaza One New York Plaza is an office building in New York City, built in 1969, and is located at the intersection of South and Whitehall Streets (). It is the southernmost of all Manhattan skyscrapers. , now operates under the Wachovia Securities brand. The One Seaport Plaza facility, also known as 199 Water Street, is owned by Jack Resnick & Sons Inc. "This is an outstanding property that holds significant opportunity for tenants seeking Class A space in Lower Manhattan," said Riguardi. "Jones Lang LaSalle has leased more than 600,000 square feet of space Downtown during the past year, and One Sea port Plaza has all the assets desired by leading tenants." The Jones Lang LaSalle team will sublease all of Wachovia's space at One Seaport Plaza, which comprises the top portion of the property. The top-floor space at One Seaport Plaza offers spectacular views of the East River. |
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