Skip Ribbon Commands
Skip to main content

News release

Irvine, CA.

Jones Lang LaSalle Adds Retail Investment Sales Expert in Orange County

Michelle Schierberl joins as Managing Director


IRVINE, CA, May 31, 2011 — In response to significantly increased demand in the retail investment sales sector, Jones Lang LaSalle today announced it has bolstered its Americas Capital Markets practice with the hiring of Michelle Schierberl in Orange County, California.  Schierberl joins the firm as a Managing Director and will focus on the retail investment sales sector on the West Coast under the direction of Managing Director and head of retail investment sales practice Kris Cooper.
 
“Retail Capital Analytics has predicted that retail investment sales volume will reach between $30 and $40 billion in 2011—a number we haven’t seen since 2004,” said Cooper.  “Michelle’s more than 20 years in the industry give her the comprehensive depth, experience and contacts we need to fulfil client needs and expectations in the years to come.”

Added Dave Doupe´, leader of the firm’s West Coast Capital Markets practice, “Michelle’s long-standing relationships in the retail investment sales sector are invaluable.  Her keen understanding of the West Coast market has allowed her to successfully navigate the recent economic downturn with numerous ‘value-add’ retail center sales in challenged markets.  She will be a true asset for the firm and our clients going forward.”

Schierberl has brokered more than $1.5 billion in sales during her 20-year career, primarily in retail investments and commercial land projects.  She has spent the last 17 years with a major commercial real estate brokerage firm, most recently as a Senior Vice President.  Schierberl attended the University of California, Riverside.  She is a Certified Commercial Investment Member (CCIM), as well as a Commercial Investment Real Estate Institute member (CIREI) and an International Council of Shopping Centers member (ICSC).  She is also a past president of CREW, Orange County Commercial Real Estate Women.

Jones Lang LaSalle Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for our clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2010 alone, Jones Lang LaSalle Capital Markets completed $43 billion in investment sale and debt and equity transactions globally. The firm’s dealmakers completed $33 billion in global investment sales and buy-side transactions, equating to nearly $140 million of investment trades completed every working day around the globe. In the United States, Jones Lang LaSalle grew its office broker volumes by 257 percent in 2010 and is quickly gaining market share across all property types. The firm’s Capital Markets team comprises approximately 800 specialists, operating in 185 major markets worldwide.

About Jones Lang LaSalle

Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 60 countries from more than 1,000 locations worldwide, including 185 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $43 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.