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WASHINGTON, DC-Lend Lease Real Estate Investments of New York City has hired Chicago-based Jones Lang LaSalle to manage two local-area office assets. The Washington Building is located at 1440 New York Ave. in DC, and King Street Station III at 1725 Duke St. in Alexandria, VA.

The Downtown DC asset, across the street from the Treasury Building and the White House, boasts such tenants as law firm Skadden, Arps, Slate, Meagher & Flom LLP; GSA/Department of the Treasury; Deutsche Banc Alex Brown; and the American Automobile Association. Not too surprisingly, the 220,665-sf building boasts a 99% occupancy.

But JLL’s work is apparently cut out for it at the 147,000-foot King Street Station III in Alexandria, which is currently only 60% occupied. Tenants include Legg Mason, Bay Networks and Lumenos Inc.

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