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News release

Mexico DF

Jones Lang LaSalle México coordinates and executes the sale of Torre Santa Fe IV for USD $98.5 million

The property owned by Union Investment GmbH was bought by a Mexican private investor


​This past December, Jones Lang LaSalle México (NYSE:JLL) successfully concluded the sale of Torre Santa Fe IV, also known as the Chrysler Building Santa Fe, owned by Union Investment GmbH for a total of $98.5 million dollars. This property, located in the Santa Fe area in Mexico City, was bought by a Mexican private investor. The Jones Lang LaSalle México team behind the coordination and execution of this operation was led by Héctor Klerian and Santiago Mancebo, directors in the Investment Advisory department of the firm.


“As with every project, our main concern is to provide the highest level of professional advisory to our clients. We understand well our clients’ needs, allowing us to align their interests and close a major deal for all parties involved”, comments Santiago Mancebo.
“This operation confirms investor interest in acquiring high quality real estate assets in areas of Mexico City such as Santa Fe,” continues Héctor Klerian, International Director of Jones Lang LaSalle México. “This transaction indicates that good quality assets in Mexico are still very attractive for investors.”
The JLL México Investment Advisory team provides services to develop real estate investment strategies, by defining clear objectives that allow to successfully execute our clients´ vision, through the acquisition and sale of properties. 


About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet and completed $63 billion in sales, acquisitions and finance transactions in 2012. Its investment management business, LaSalle Investment Management, has $46.7 billion of real estate assets under management. For further information, visit www.jll.com.mx.