Page 11 - Lennox International - May 2020
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How we manage the transaction process locally and in other markets
        HOW WE MANAGE THE TRANSACTION PROCESS LOCALLY AND IN OTHER MARKETS





                                                  Acquisition                                                                           Disposition




                          What account                                        What local specialist            What account             What we do together        What local specialist
                           team does              What we do together                does                        team does                                                does






                                                        Establish                                          Identify Excess Real Estate        Develop
                     Understand Client’s Goals                               Interface with Business                                                                Client’s Local Contact
                                                    Relocation Criteria       Unit Leader for Market       and Timing for Disposition    Marketing Materials
                                                                                  Assessment
                             Strategic                                                                         Space Planning /                                        Benchmark to
                        Planning / Analysis         Tours and Criteria                                          Programming            Canvassing / Prospecting           Market


                                                                                                                                              Develop                   Determine
                                                   Request for Proposals        Market Research               Financial Analyses
                                                                                                                                         Advertising Materials            Pricing

                                                                                     Space
                         Financial Analyses                                         Survey


                                                                                                                                             Marketing                    Space
                         Decision Matrices           Operational and                                                                                                    Inspections
                                                  Due Diligence Proposals                                                                  Activity Reports
                                                     and Negotiations
                                                                                                                                                                          Local
                                                                                                            Sublease Negotiations       Business Negotiations           Marketing



                        Lease Negotiations                                                                                                                        Interact with Brokers and
                                                                                                                                                                   Prospective Subtenants

                                                       Post Audit /
                                                       Punch List

                                                                                       Full Accountability




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                     © 2019 Jones Lang LaSalle IP, Inc. All rights reserved.                                                                                                         18
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