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News release

Chicago

Jones Lang LaSalle Names Michael Yazbec to Lead Chicago Construction Services Group


CHICAGO, June 23, 2009 ─ Jones Lang LaSalle today announced the firm has elevated Michael Yazbec, effective July 1, to lead its Chicago Construction Services group and help facilitate its growth.  Dermot Roe, who currently holds this position, will relocate to Boston in the latter half of the year to drive the strategic growth for the firm’s construction capability in select markets nationwide.  Jones Lang LaSalle launched its Chicago construction capability in 2007.
 
“Mike’s diverse experience in the design and construction industry, coupled with his knowledge of Jones Lang LaSalle’s breadth and depth of services, makes him the ideal person to lead and grow our Midwest construction capability,” said Dan Ryan, Midwest Market Director, Jones Lang LaSalle. “Since we launched the construction business two years ago we have completed more than 80 projects.  We have quickly built a strong reputation in interior build-outs and construction management.”
 
Ryan added, “Dermot made outstanding inroads in providing construction services to our clients in Chicago and will take that expertise to launch the firm’s capabilities in select cities nationwide.”
 
Yazbec joined Jones Lang LaSalle in 2005 in its Project and Development Services group.  In this role he was a team lead for the Variable Project Management practice and was responsible for business development and strategic account management for corporate clients requiring “on-call” project management services throughout the Midwest.  Prior to joining Jones Lang LaSalle, Yazbec was a Project Executive/Principal with Charles Hall Construction, LLC.  Prior to that, Yazbec was part of the senior management team that led the Special Projects Division of Turner Construction in Chicago. Yazbec holds a master’s degree in Architecture with a business concentration and bachelor’s degree in Urban Planning from the University of Illinois at Urbana-Champaign.
 
Jones Lang LaSalle’s  Construction Services practice was founded 40 years ago, and today it is one of the most experienced providers of construction services in the Boston, Washington DC, and Chicago regions.  Construction Services has an annual dollar volume in excess of $260 million, and a staff of more than 140 professionals delivering services as construction manager, general contractor, and design/builder.  It is ranked by Engineering News Record as one of the top general contractors and at-risk construction management firms in the country, and by the Boston Business Journal as one of the top general contractors in greater Boston.
 
Jones Lang LaSalle has more than 1600 employees in Chicagoland and manages more than 52 million square feet of the area's most prestigious commercial real estate.  In 2008 alone, Jones Lang LaSalle completed more than 17.1 million square feet of lease transactions valued at $2.7 billion, on behalf of owners and occupiers, and arranged nearly $483 million of investment sales throughout Chicagoland.
 
About Jones Lang LaSalle
 
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specialising 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.
 
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