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News release

Phoenix, AZ

Jones Lang LaSalle Continues Phoenix Expansion with New, Larger Office; Names Pat Williams as Head of Tenant Representation Team


PHOENIX, June 27, 2011 – Highlighting its notable growth in Phoenix, Jones Lang LaSalle has expanded its local office space by 35 percent and named Pat Williams as head of the firm’s established tenant representation broker team.

The company’s new office occupies 11,934 square feet on the fourth floor of 3131 E. Camelback Rd., at 32nd Street and Camelback Road in Phoenix. Jones Lang LaSalle’s Phoenix headquarters expansion consists of consolidating two offices and growing by more than 5,000 square feet of space.  This move expands the firm’s local presence and consolidates its capital markets, tenant and landlord representation, project development and research services into one space.

Enhancing the move, Jones Lang LaSalle has named 11-year real estate industry veteran Pat Williams to Managing Director, responsible for leading the established Jones Lang LaSalle Phoenix tenant representation team.

Williams has exclusively represented tenants since 2000, when he joined the Staubach Company. In 2008, Staubach was purchased by Jones Lang LaSalle to provide comprehensive, global commercial real estate services. 

“Over the last decade, I have watched this office grow in numbers, expertise and services, and ultimately become part of a global platform through Jones Lang LaSalle,” said Williams. “Our new space strengthens that platform, and furthers the benefits and uncompromised trust we provide to our clients.”

Williams holds a bachelor’s degree in business from the University of Arizona and is involved in the Phoenix Boys and Girls Club. He now directs the Phoenix office alongside Senior Managing Director Dennis Desmond, a 32-year industry veteran and top broker who leads Jones Lang LaSalle’s local operations.  Desmond has managed the acquisition and disposition of more than 12 million square feet of commercial properties valued at $1.5 billion.

Jones Lang LaSalle is a leader in the Phoenix commercial real estate market. Employing nearly 350 of the area’s most recognized industry experts, the firm offers office and industrial brokerage, tenant representation, facility and investment management, capital markets and development services. In 2010, the Phoenix team completed 3.2 million square feet in lease transactions, directed $60 million in project management and currently has 13.5 million square feet under management.
 
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.