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News release

SEATTLE, WA

Jones Lang LaSalle Appoints Patricia K. Raicht to Head Research in Seattle and Portland


SEATTLE, January 9, 2012 – Jones Lang LaSalle, which earlier last year completed the merger of its Pacific Northwest operations with Pacific Real Estate Partners, today announced the appointment of Patricia K. Raicht as Vice President and Director of Research for the Seattle and Portland markets.  She will be based in the firm’s Portland office.

Raicht joins the firm from Grubb & Ellis where for the last 15 years she directed the firm’s local market research program and also handled business development and marketing.  Prior to that, Raicht headed business development at the Association for Portland Progress, a local trade group and served as the director of marketing for the Kaempfer Companies, a Washington, DC-based real estate firm.

Buzz Ellis, Managing Director in charge of Jones Lang LaSalle’s Portland office said, “Patricia will focus on expanding and deepening our research platform here in Oregon and Washington into an even stronger component of the firm’s offering and integrated approach to client service in the region.”

Colin Yasukochi, Director of Research for Jones Lang LaSalle’s Pacific Northwest region said, “Patricia brings a tremendous depth of research experience that will enhance leverage of the firm’s collective knowledge of market dynamics in a way that guides strategic decision making and identifies risks and opportunities.”

Some of Raicht’s professional affiliations include membership in the Building Owners and Managers Association (BOMA), the U.S. Green Building Council, and the Commercial Association of Realtors.  She is also a member of the Portland Area Business Association and the Cascadia Region Green Building Council.  She holds a real estate licence in the state of Oregon and is a Certified Green Broker.

Raicht is a graduate of George Washington University. 

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 70 countries from more than 1,000 locations worldwide, including 200 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 $47.9 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.