Skip Ribbon Commands
Skip to main content

News release

Chicago

Jones Lang LaSalle Selected by SunTrust for Integrated Facility Management

16 million sq. ft. portfolio is located throughout eight states


CHICAGO, October 8, 2009 — Jones Lang LaSalle, the leading integrated financial and professional services firm specializing in real estate, announced today that it was selected by SunTrust Banks, Inc. (NYSE: STI), an Atlanta-based financial holding company, to provide integrated facility management to its 16 million-square-foot portfolio located throughout Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia and Washington, DC.
 
“We are thrilled to have been selected for this important assignment and to be associated with such a respected financial institution,” said Doug Sharp, Group Executive of Jones Lang LaSalle.  “SunTrust has an outstanding leadership team in place and we look forward to helping them achieve greater operational efficiencies across their entire portfolio.”
 
“Consistent with our focus on improving efficiency, we were looking for a company who could help us more effectively manage the day-to-day tasks associated with our facilities operations,” said James P. Breen, Jr., Senior Vice President of SunTrust.   “Jones Lang LaSalle brings a talented team with the means and methods to produce results, and we look forward to working with them.”  
 
About SunTrust
 
SunTrust Banks, Inc., headquartered in Atlanta, is one of the nation's largest banking organizations, serving a broad range of consumer, commercial, corporate and institutional clients. As of December 31, 2008, SunTrust had total assets of $189.3 billion and total deposits of $113.4 billion. The Company operates an extensive branch and ATM network throughout the high-growth Southeast and Mid-Atlantic states and a full array of technology-based, 24-hour delivery channels. The Company also serves customers in selected markets nationally. Its primary businesses include deposit, credit, trust and investment services. Through various subsidiaries the Company provides mortgage banking, insurance, brokerage, investment management, equipment leasing and capital markets services. SunTrust's Internet address is suntrust.com.
 
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 $46 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.
 
200 East Randolph Drive Chicago Illinois 60601 │ 22 Hanover Square London W1A 2BN │ 9 Raffles Place #39–00 Republic Plaza Singapore 048619