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News release


Jones Lang LaSalle Appointed by Iron Mountain to Manage Global Real Estate Transactions

CHICAGO, June 15, 2009 — Jones Lang LaSalle (NYSE:JLL), the leading integrated financial and professional services firm specializing in real estate, has secured a five-year contract to manage Iron Mountain Incorporated’s real estate transactions worldwide. The information management services firm’s total industrial and office portfolio encompasses 65 million square feet in more than 35 countries.
“It is exciting to be partnering with Iron Mountain, a leader in information management services, on this truly global project,” said Alex Dauria, Executive Vice President at Jones Lang LaSalle. “This is a textbook example of a highly successful company, dominant in its field, leveraging outsourcing as a vehicle for speed to market while driving shareholder value.”
Jones Lang LaSalle will represent Iron Mountain in leasing and sales transactions as well as provide overall portfolio strategy. Approximately 53 million square feet of the real estate is located in North America, and 12 million square feet across Europe, South America and Asia Pacific. The Boston-based firm’s real estate portfolio consists of office space as well as highly specialized facilities for housing secure data centers, records storage, offsite media vaulting and commercial shredding operations.
“Given our rapid global expansion over the last decade, we needed to partner with a leading global real estate firm that could not only execute the transaction work but also bring us strategic insight and consistent process to improve the management of our diverse portfolio, comprising of more than 1,000 facilities across more than 35 countries,” said Anthony Piazza, Iron Mountain’s Senior Vice President of real estate finance and operations. “This partnership will allow our internal team to focus on our strategic priorities while leveraging Jones Lang LaSalle’s expertise and execution capabilities, gaining cost savings and other strategic advantages.”
About Iron Mountain
Headquartered in Boston, Iron Mountain Incorporated (NYSE:IRM) helps organizations around the world reduce the costs and risks associated with information protection and storage. With 2008 revenues topping $3 billion, the Company offers comprehensive records management, data protection, and information destruction solutions along with the expertise and experience to address complex information challenges such as rising storage costs, litigation, regulatory compliance and disaster recovery. Founded in 1951, Iron Mountain is a trusted partner to more than 120,000 corporate clients throughout North America, Europe, Latin America and Asia Pacific. Iron Mountain was recently listed as an S&P 500 company. For more information, visit
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 2008 global revenue of $2.7 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 1.4 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 $41 billion of assets under management. For further information, please visit our Web site,