Investors have shown strong interest in Federal Way and the surrounding South King County locations, not only driven by the growth of the Seattle core but also Kent Valley, the Port of Seattle and Tacoma.

Plaines brings extensive financial leadership expertise and international experience to contribute to JLL's growth, says CEO Christian Ulbrich.

The transaction has expanded Northwest's franchise by 12 offices in Lancaster County in eastern Pennsylvania.

Last October, the partnership of Vanderbilt Office Properties and Barron Collier acquired Sawgrass Pointe II, a 95,800 square-foot office building, also located within the Sawgrass International Corporate Park.