JLL negotiates office relocation for ENGIE Services, Canada, to support growth and expansion plan
In a competitive market, JLL's team successfully negotiated very favorable business terms which will allow ENGIE Services to relocate into a modern, recently renovated and furnished space resulting in considerable savings on construction and renovation.
MONTRÉAL, May 11, 2018 – JLL Canada is pleased to announce that its Tenant Representation Group in Montréal has advised and represented ENGIE Services in the relocation of its head office to a larger space that will allow the company to accommodate its expanding footprint and growing team in North America.
ENGIE Services, a leader in the energy industry, currently occupies 18,000 square feet (s.f.) on two non-contiguous floors at 550 Sherbrooke Street West. The headquarters will be relocating in July 2018 to a 35,000 s.f. facility spanning two and a half floors at 1001 de Maisonneuve West, a Class A office building sitting on top of the Peel metro station in Montréal's downtown core.
Bernard Lawrence, Executive Vice President of JLL's Montreal Tenant Representation Group led the team on this transaction.
"The attributes of office space including natural light, thermal controls, air quality, layout/design and location are key factors for organizations due to their combined ability to impact talent attraction and retention but also increase productivity. That's something the ENGIE Services team was well aware of and addressed with the decision to move to a different location," said Bernard Lawrence. "I am thrilled that our team was given the opportunity to support ENGIE Services at this crucial stage of the company's development in North America. I am also very proud that this great space, which addresses these key elements, was secured with excellent business terms."
In a competitive market, JLL's team successfully negotiated very favorable business terms which will allow ENGIE Services to relocate into a modern, recently renovated and furnished space resulting in considerable savings on construction and renovation.
"Bernard Lawrence and his team led a diligent and efficient process that not only catered to our needs perfectly, but exceeded our hopes with regard to major cost savings. We are very satisfied with the outcome, and are convinced that our new office will help us to attract and retain talent as we grow and assert our position in North America," said Jean-Luc Billiani, President & CEO at ENGIE Services, Canada.
About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with nearly 300 corporate offices, operations in over 80 countries and a global workforce of 83,500 as of March 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit ir.jll.com.
About ENGIE Services
ENGIE Services Inc. is a provider of energy efficiency, facility management services and outsourcing for companies and communities throughout North America, as well as a multi-trade contractor that provides mechanical, electrical and data cabling services. From its main offices in Montreal and in Toronto, ENGIE Services designs, builds and manages tailor-made and sustainable solutions for airports, office parks and industrial and military buildings.
ENGIE Services is part of ENGIE in North America, which manages a range of energy businesses in the U.S. and Canada, including electricity generation and cogeneration, natural gas and liquefied natural gas (LNG), distribution and sales, retail energy sales and energy optimization services, facility management and mechanical and electrical construction. ENGIE (formerly GDF SUEZ) employs more than 153K people worldwide and achieved revenues of CAN $94.8 billion in 2016.