Higgins of Jones Lang LaSalle represents tenant in 5,174 s/f lease; Panzer and Rotter of Jones Lang LaSalle represent landlord

Jones Lang LaSalle has completed a new, direct lease for Bruno Magli USA with Solow Management Co. at 4 West 58th St. The Italian shoemaker and designer signed a 10-year lease at the 61,000 s/f, class A office building. The tenant, Bruno Magli, was represented by Michael Higgins, vice president, with Jones Lang LaSalle. The building owner, Solow Management, was represented by Scott Panzer, vice chairman, and Steve Rotter, executive vice president, also with Jones Lang LaSalle. "Bruno Magli is relaunching its brand in New York and sought an appropriate location from which to expand its presence in one of the most important retail markets in the U.S.," said Higgins. "The Italian shoemaker and designer's new offices on the 10th floor of 4 West 58th St. offer a full-floor presence in a boutique office building that boasts magnificent views of Central Park and Grand Army Plaza. Bruno Magli will also benefit from the property's close proximity to its customers and the Fifth Ave. shopping district." Bruno Magli will occupy the entire 5,174 s/f, 10th floor of the building located a block from Central Park and next door to the Plaza Hotel. This is the first Manhattan office for the Italian shoemaker and designer. Jones Lang LaSalle is a leader in the New York tri-state commercial real estate market, with more than 1,750 of the most recognized industry experts offering brokerage, capital markets, facilities management, consulting, and project and development services. In 2011, the New York tri-state team completed 15.9 million s/f in lease transactions, completed capital markets transactions valued at $1.57 billion, managed projects valued at more than $6.8 billion, oversaw a property and facilities management portfolio of 63.6 million square feet, and an agency leasing portfolio of 49.8 million square feet. 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 2011 global revenue of $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 2.1 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 $47 billion of assets under management. For further information, please visit www.joneslanglasalle.com.