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Microsoft Selects Jones Lang for Lease Deals

REDMOND, WA-Microsoft Corp. has chosen Chicago-based Jones Lang LaSalle to manage office space the locally-based company leases outside of its headquarters here. The deal covers about 8 million sf of property.

By Gina Binole | Updated on January 10, 2002

REDMOND, WA-Microsoft Corp. has tapped Jones Lang LaSalle to manage the 8 million sf of office property it leases outside of the Puget Sound area.

The assignment, which depending on the level of activity is worth an estimated $3 to $5 million annually, includes property in the US, Canada, Europe, the Middle East, Africa, Asia Pacific and Latin America. Jones Lang LaSalle will manage Microsoft’s lease acquisitions, dispositions and renewals, as well as supervise the build-out of interior field office space. The firm will also provide integrated Account Management services to coordinate all worldwide activity.

“Utilizing the efficiencies of a single service provider will allow our Field Real Estate organization to operate at a more strategic level, to ensure we effectively translate the needs of our diverse business functions into the optimum real estate solutions for Microsoft’s employees,” James Ableson, Microsoft’s manager of US and international real estate said in announcing the news.

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