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WASHGINTON, D.C. Feb. 28, 2013 – Jones Lang LaSalle announced today that Kevin Wayer and Barry Scribner will be Co-Presidents responsible for leadership and management of the Public Institutions practice. Herman Bulls who helped found the Public Institutions practice at the firm will now serve as Chairman of the group.
Jones Lang LaSalle’s Public Institutions real estate practice is a premier provider of strategic real estate advisory and transaction services for local, state, national and international public institutions, covering the spectrum of the real estate cycle.
“Our business has grown extensively over the past twelve years and we have built the pre-eminent practice in the Public Institutions space,” said Scribner.
“JLL is committed to our government clients and this new leadership model allows us to enhance our business development capabilities and our focus on public private partnerships, facility management, transaction management and consultancy product lines.”
Scribner is a member of the American Economic Association, Urban Land Institute, American Society of Real Estate and Urban Economics, Association of Defense Communities (ADC) and is Treasurer of the Professional Housing Management Association (PHMA). In addition to his 13 years with the firm, he brings more than 20 years of governmental experience in the military and more than four years of experience managing design/build projects and facilities management for Tenneco, a former Fortune 500 corporation.
Scribner was also a tenured Professor of Economics and Director of the Office of Economic and Manpower Analysis (OEMA) for the United States Military Academy at West Point, where he planned and supervised the undergraduate economics and finance program and taught introductory and advanced courses in economics and finance. He earned a Ph.D. from Harvard University and a B.S. in general engineering from the U. S. Military Academy at West Point.
"We are well positioned to continue to assist our federal, state and local government clients with their real estate requirements,” added Wayer. “As budgets continue to tighten at all levels of government, we are finding that the focus on rationalizing real expenditures is taking center stage."
Wayer currently serves on the Public Development and Infrastructure Council for the Urban Land Institute (ULI) and is a Senior Representative to the Association of Defense Communities, focused on development issues for local military communities. He has been featured as a speaker and contributing source to Public-Private Partnership forums focused on housing, mixed-use and historic redevelopment issues. He earned an M.B.A. with a concentration in finance from DePaul University and a B.S. in accounting from the University of Illinois.
Jones Lang LaSalle’s commercial real estate and public institution experts have been helping federal, state and local governments find solutions for decades. For more information on how Jones Lang LaSalle supports government goals, visit: http://www.us.am.joneslanglasalle.com/UnitedStates/EN-US/Pages/government.aspx.
Jones Lang LaSalle Public Sector Real Estate PracticeJones Lang LaSalle’s public sector real estate practice is a premier provider of strategic real estate advisory and transaction services for local, state, national and international public institutions, covering the spectrum of the real estate cycle. From strategy and project management, to transaction and execution, Jones Lang LaSalle brings public sector entities the perspective and expertise to turn a real estate portfolio into a collection of working assets that meet operational and occupancy requirements while generating revenues and reducing costs.
About Jones Lang LaSalleJones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet. Its investment management business, LaSalle Investment Management, has $47.0 billion of real estate assets under management. For further information, visit www.jll.com.
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