JL Properties, Inc.

JL Properties is Alaska’s leading real estate development and investment firm with a portfolio whose market value exceeds $2 billion. In Anchorage, Alaska’s largest market, JL owns and manages over two million square feet of Class A commercial office space, nearly 25 percent of the Class A market. JL developed the Centerpoint office park, which includes some of Alaska’s iconic office buildings, among them the JL Tower, the ASRC Building, and the Centerpoint West Building. The company has also developed a number of other major projects, including the Anchorage Convention Center (co-developer), the National Park Service Headquarters, the Calista Corporation Headquarters, and the Cook Inlet Tribal Council Headquarters. JL has also acquired a number of premiere properties, including the ConocoPhillips Headquarters buildings, the Denali Tower, and the Calais buildings. The company is active in Anchorage retail development. It developed O’Malley Square, an upscale retail center, and is developing several other retail projects nearby. In addition, JL acquired and operates Glenn Square, with over 183,000 square feet of retail space. JL is one of the largest owners of multi-family housing in Alaska. JL developed, manages, and through its affiliates owns more than 3,200 units of privatized military housing on Joint Base Elmendorf-Richardson land and owns and manages over 1,300 apartment units. The company is also active outside Alaska. Recently, it completed and developed two hotels at the Western Entrance of Walt Disney World in Orlando, Florida. JL is also active as a developer and investor in Utah, where it has owned a number of office buildings and developed a 100,000 square foot high tech industrial facility. In addition to its real estate holdings, JL has engaged in a number of private equity transactions, including in the finance, telecommunications, energy and industrial services sectors.