CLUNE CONSTRUCTION EXPANDS IN KEY MARKET WITH ACQUISITION IN WASHINGTON, DC

WASHINGTON, DC—September 17, 2015—Clune Construction (Clune) is pleased to announce the acquisition of JLL's construction division in Washington, DC. The expanded construction team will allow Clune to provide a greater depth and breadth of services for new and existing clients regionally and across the United States.

Adding Talent in a Key Market to Support Robust Expansion Clune Construction has agreed to acquire JLL's Washington, DC construction arm effective October 1, 2015. In 2006, JLL acquired the construction services component of the real estate development firm Spaulding & Slye. The construction group has 40 years of local experience and skilled professionals with an average tenure of 15 years in the industry. This prestigious and well-established team will now contribute to the depth of experience provided by the Clune team in Washington, DC, combining Clune's commitment to integrity in construction with deep market knowledge delivered by trusted industry professionals.

Clune Chairman and CEO Mike Clune noted, "This addition of knowledge and experience will allow us to provide sophisticated construction services to a larger base of clients throughout our national expansion. We are excited to be growing in the DC market and moving forward with this incredible opportunity for Clune and most importantly for our clients." Todd Burns, President, Project & Development Services, JLL added, "we are pleased that our clients will continue to receive high-quality construction services and look forward to working with the talented team at Clune Construction in the future."

Expanding with Top Talent in Washington, DC Clune will acquire the construction division in Washington, DC and will maintain its office in McLean, Virginia, expanding Clune's reach throughout the mid-Atlantic region. The acquisition will double the size of Clune’s Washington, DC regional staff, who focus on the corporate office environment, building renovations and federal requirements. The acquisition reaffirms Clune's commitment to the growing DC market and emphasizes the company's dedication to providing clients the extraordinary service they have come to expect from the Clune name. Clune looks forward to continuing to grow within the market alongside their valued clients.

About Clune Construction
Clune Construction Company is a national, full-service general contractor with offices in Chicago, Los Angeles, New York, San Francisco, South Florida and Washington, DC. The company employs over 300 professionals nationwide and manages $550 million in commercial and mission-critical projects annually. Clune Construction combines local expertise across the country with large-scale construction capabilities. The company’s success is grounded in their dedication to consistently delivering clients’ projects on time and under budget, with honesty, integrity, and an unwavering commitment to client satisfaction. Clune Construction was recognized by Engineering News Record’s Top 400 Contractors as one of the top contractors in the United States. CA License #732107. For more information, please visit www.clunegc.com.