Jones Lang LaSalle expands in Hampton Roads
- August 14, 2013
Jones Lang LaSalle is moving its Hampton Roads office from Virginia Beach to the World Trade Center in Norfolk’s central business district.
According to the commercial real estate firm, JLL’s Hampton Roads office has nearly doubled in size over the past year, adding three brokers and one administrative professional.
Over the same time period, the office has completed more than 150 transactions representing $100 million in volume.
“The new location will further boost Jones Lang LaSalle’s rapid growth in Hampton Roads so we can better serve clients,” Charlie Polk, a managing director for JLL, said in a statement. “We are also making a significant investment in the Hampton Roads market by adding to our team. We expect the momentum generated by our recent deals to double or triple our footprint in the market in the next two to three years.”
The World Trade Center is a nine-story, Class A office tower with 366,106 square feet at the intersection of Main and Boush Streets, across the street from Town Point Park.
Its owner, Harbor Group International, recently hired JLL as the exclusive leasing agent for its office portfolio in downtown Norfolk -- a four-building portfolio totaling about one million square feet.
These buildings join 65 other properties represented by JLL in the region.
In the past three years, JLL said its Hampton Roads office has established a business base that includes 4 million square feet of listings. The office is part of the company's mid-Atlantic Region group, which has more than 1,000 employees.