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News release

PARSIPPANY, NJ

Jones Lang LaSalle Expands in New Jersey, Pennsylvania and the Greater New York Region

Firm hires 12 real estate professionals to further enhance service capabilities in New Jersey, Pennsylvania & Long Island


May 14, 2013 — Jones Lang LaSalle today announced that it has hired 12 real estate professionals to further expand its service capabilities in the New Jersey, Pennsylvania and Long Island, N.Y. office and industrial markets.

The newly-hired professionals greatly increase the depth of JLL’s brokerage practice in the office and industrial real estate markets, enhancing the firm’s ability to provide strategic real estate services to tenants, building owners, investors and developers throughout New Jersey, the greater New York region and the Philadelphia region.

“JLL continues to solidify its leadership in the office and industrial sectors in New Jersey, Pennsylvania and Long Island,” said Robert Kossar, executive managing director and market director for Jones Lang LaSalle’s New Jersey and Long Island operations. “Our new real estate professionals have a deep knowledge of their markets and proven leadership skills, and will be invaluable resources for clients with requirements, portfolios or investments in areas that have become some of the largest industrial and office markets in the nation."

According to Michael McCurdy, executive managing director and market director of JLL’s Philadelphia office, “Clients increasingly approach their operations from a regional viewpoint. The addition of these market veterans to our New Jersey, Pennsylvania and Long Island offices furthers our ability to service this regional market shift, especially for industrial clients who consider these states critical links in their logistics strategy.”

JLL has tapped long-time colleagues Paul Torosian, managing director, John Plower, vice president, Dean Torosian, senior associate, and Jeffrey Lockard, senior analyst, to serve industrial clients in Pennsylvania, and Nathan Demetsky, executive vice president and John Gartland, vice president, to assist industrial clients in New Jersey. Paul Torosian will assume the role of industrial lead for the Pennsylvania market with responsibility for the full continuum of brokerage services for industrial clients, including agency leasing, tenant representation and capital markets. He will operate out of JLL’s Center City Philadelphia office along with market experts Plower, who will focus on the industrial capital markets, and Dean Torosian and Lockard, who will support the broader brokerage needs of the industrial business. Demetsky and Gartland will serve clients from JLL’s Iselin, N.J. office and expand JLL’s leading industrial practice across the New Jersey market.

Also in New Jersey, JLL has brought on office brokers Mark Siegler, executive vice president, Marc Hirschinger, executive vice president, and Douglas Twyman, senior vice president, and industrial market specialist Howard Weinberg, executive vice president. Siegler and Hirschinger will operate from JLL’s Hasbrouck Heights office; Twyman will serve clients from the Iselin office; and Weinberg will join the firm’s Parsippany office.

The new personnel advance JLL’s presence in the Pennsylvania industrial sector while furthering its position as a market leader in New Jersey. They significantly expand JLL’s institutional client base and bring approximately 10.4 million square feet of existing agency listings and 7.2 million square feet of development sites to JLL.

In Long Island, the firm has hired Eric Launer, executive vice president, and Michael Aievoli, executive vice president. The two real estate professionals will operate out of JLL’s Melville, N.Y., office, expanding its tenant representation expertise and relationships throughout the Long Island market, and facilitating the fulfillment of JLL client requirements on Long Island.

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 and completed $63 billion in sales, acquisitions and finance transactions in 2012. Its investment management business, LaSalle Investment Management, has $47.7 billion of real estate assets under management. For further information, visit www.jll.com.