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News release

Irvine, CA.

Jones Lang LaSalle Key Industry Hire Advances Multifamily Platform

Joe Leon hired as Managing Director to expand Capital Markets expertise on West Coast

IRVINE, CALIF., May 31, 2011 – As part of the firm’s ongoing commitment to build the leading multifamily Capital Markets service platform across the country, Jones Lang LaSalle today announced it has hired Joe Leon as a Managing Director.  Leon, based in Irvine, California.  Leon will partner with Managing Director David Young, under the helm of the firm’s multifamily leader Managing Director Jubeen Vaghefi, to advance the firm’s West Coast multifamily investment sales capabilities.

“Jones Lang LaSalle is making a concerted effort to strengthen its national multifamily investment sales and investment banking platform,” said Young.  “The hiring of nearly 60 proven industry leaders in the past two years, and the addition of Joe, strategically aligns with the firm’s aggressive multifamily expansion plan to better serve our clients increasing needs.”

“A clear market mover, Leon brings more than 20 years of extensive experience in the Southern California multifamily investment sales arena to the firm,” said Dave Doupe´, leader of the firm’s Capital Markets practice in Southern California.  “Joe’s wealth of knowledge and deep understanding of the multifamily business practice will be most advantageous for the growing client demand throughout major West Coast markets.”  

Prior to joining Jones Lang LaSalle, Leon was partner at several major commercial real estate firms, where he was responsible for executing investment sales transactions including multifamily housing units, land sales and apartment homes, on the West Coast. He has also been recognized in the top 10 percent in national sales at his former firm. He is responsible for the sale of nearly 20,000 multifamily housing units, a total value of which exceeds $3 billion. 

Leon earned a Bachelor of Arts degree in liberal studies from California State University Fullerton, and completed the United States Marine Corp OCS & TBS Leadership Program, and also served as an officer in both the United States Marine Corp and Navy. He is currently an active member of the National Multi-Housing Council and a supporter of Children’s International, Compassion International and the Leukaemia Lymphoma Society. 

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 its clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In the last three years, Jones Lang LaSalle Capital Markets completed more than $143 billion transactions globally. The firm’s Capital Markets team comprises approximately 1,500 specialists, operating in 180 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 750 locations worldwide, including 180 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,