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News release

DALLAS, TX

Jones Lang LaSalle Ups the Ante in the Dallas Fort-Worth Retail Sector

Robin Smith and Lance Taylor bring approximately two million square feet of assignments to firm


DALLAS, April 9, 2013 — Top economists with Moody’s Analytics said last week that Texas will continue to outperform the rest of the country in terms of job and economic growth. This bodes well for the retail sector which is why Jones Lang LaSalle has added the veteran team of Robin Smith and Lance W. Taylor, CCIM to its fast-expanding retail brokerage team. They will assist the firm’s growing client base of both retailers and landlords throughout the Southwest.

The Smith-Taylor team brings with them a two million square-foot portfolio of retail assets that they currently lease on behalf of multiple owners. As Senior Vice Presidents with JLL, they will be charged with providing the firm’s clients with exceptional leasing services to enhance the value of their assets.

“Geno continues to build a power-house retail team with the market’s top talent,” said Roger Staubach, Jones Lang LaSalle Executive Chairman of the Americas.  “Our clients—both current and prospective—will benefit immensely from Robin and Lance’s high-caliber, seasoned expertise and JLL’s comprehensive and global platform of services.” Geno Coradini leads Jones Lang LaSalle Retail for the Dallas/Southwest region.

Earlier this year, JLL Retail added Clay Smith and Mark Newman as part of ongoing efforts to enhance the retail services it offers in local markets across the country.  Clay Smith is leading the Dallas/Southwest retail brokerage business for the firm.

Robin Smith added, “We expect Class A and even Class B space to continue to see strong demand which will further strain an already tight supply. This will drive rents in some markets and should spur more new development."
Smith and Taylor have worked together for nearly 10 years. Before joining JLL, they founded Stream Realty Partners Dallas retail practice and prior to that both worked at The Archon Group, a Goldman Sachs company.

While at Stream, the duo grew their property management and leasing business from scratch to the portfolio they are bringing to JLL including, but not limited to, the Prestonwood Town Center, McKinney Towne Center and the Shoppes at Preston Ridge here in the Dallas/Fort Worth Metroplex.

During their tenure together, the Smith-Taylor team has completed more than two million square feet of transactions totaling more than $500 million.

During the past two decades, Smith has been involved in the leasing efforts at many of Dallas’ premier centers. He has been responsible for managing leasing programs for approximately 2.6 million square feet of development projects across the United States including Prestonwood Town Center in Dallas and Southlake Corners in Southlake. He earned his bachelor’s degree in business and finance from Austin College.

Taylor has previously been responsible for asset managing in excess of seven million square feet of retail properties, developing, redeveloping or de-malling more than 1.5 million square feet of shopping centers including such high-profile properties as the 405,000 square foot Fairlane Green in Allen Park, MI (a Detroit suburb) and the 950,000 square foot Alamo Ranch Shopping Center in San Antonio, Texas. Taylor is the recent past Texas ICSC Convention Chair, is currently the incoming Texas Government Relations Chair, he is a member of the International Council of Shopping Centers and is a Certified Commercial Investment Member (CCIM).

“We’ve found that our philosophy of applying our past experience as principals to the brokerage spectrum provides us a unique advantage and a perspective to exceed our client’s expectations by thinking like they do,” said Taylor. “Jones Lang LaSalle’s culture and full-service platform will enable us to continue to provide effective solutions for our clients’ ever-changing requirements.”

Jones Lang LaSalle Retail is a full-service provider of retail services nationwide. The firm offers a complete array of services to its clients, including brokerage services for landlords and tenants, property management, financial reporting, tenant coordination, specialty leasing, marketing, research, development and receivership services.  For more information on Jones Lang LaSalle Retail, visit www.jllretail.com.

About Jones Lang LaSalle
Jones 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.