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News release

NEW YORK, NY

Financial Services Corporate Real Estate Executive Joins Jones Lang LaSalle

Mark Melas joins the firm’s banking industry group with more than three decades banking industry corporate real estate and workplace expertise


NEW YORK, Feb. 2, 2012 — Jones Lang LaSalle today announced that Mark Melas, former corporate real estate executive for HSBC, has joined the firm’s banking industry group. Melas, a three-decade corporate real estate veteran, joins the firm following 16 years with HSBC, where he oversaw the bank’s North American portfolio. As an Account Director, Melas will work closely with bank corporate real estate departments and their stakeholders to align their workplace and real estate approach to drive business growth, mitigate risk and reduce cost—critical priorities for the banking industry.

“We work with many of the largest banks in the world to help them leverage corporate real estate and workplace solutions to drive value for their shareholders and customers,” said Stuart Hicks, President of Jones Lang LaSalle’s banking industry group. “Mark joins our team at an especially critical time in the evolution of the financial services industry, and we know that our clients will benefit from his ability to understand the real estate nuances of this industry in particular. He’s got agility in that he can tackle global issues that banks face right now—like reducing real estate footprints on a large scale—so that they can focus more time on their customers.

Melas spent more than 16 years with HSBC, and was responsible for corporate real estate across North America. During a portion of his career, he also oversaw HSBC’s South America portfolio as well. Prior to this, he spent 17 years with NYNEX (now Verizon) in their corporate real estate division. Melas has leadership experience across many areas including business unit interface and alignment, strategic planning, portfolio optimization and master plan development, transactions, retail branch and office space design and construction, property management and organizational strategic planning. He has also provided executive oversight to key projects, including construction of several LEED-certified office facilities, numerous consolidations, sales leasebacks and large scale portfolio optimization efforts.

Melas will have national responsibility and will report directly to Hicks. He graduated from Rensselaer Polytechnic Institute with a Bachelors of Science degree in Civil Engineering.  He has been an active member of the Real Estate Executive Board, a component of the Corporate Executive Board (CEB), for numerous years representing HSBC. He is a graduate of the Construction Executive Program at Texas A&M University and a past board member of New York City’s Bryant Park Corporation.  An active community volunteer, Melas has been involved in numerous initiatives aimed at educating and mentoring of children, assisting underprivileged children and providing resources for people with disabilities. Those activities included a role as the Charter Chair of HSBC’s People with Disabilities Committee, participation in HSBC’s inner city high school mentoring program Project Jump Start and participation in Junior Achievement. 

Jones Lang LaSalle recently released the Trends in the Banking and Finance Sector report.  The report builds on the insight provided by the inaugural Jones Lang LaSalle Global Corporate Real Estate (CRE) Survey 2011 and a series of discussions with our clients. This exploration of corporate real estate and workplace trends within financial institutions delves into responses received from banking and finance executives, highlighting three trends shaping CRE in this sector: smart growth, flexibility, and connection to the C-suite. For more insight into the survey results from Lauren Picariello, Vice President, Occupier Research, Corporate Solutions, click here. To hear Jones Lang LaSalle’s Tod Lickerman, CEO, Corporate Solutions, discuss how companies can add value and increase productivity through their real estate, click here.

Jones Lang LaSalle helps banks and financial services companies derive the most value from their real estate portfolio. This industry is dynamic, complex and fast-paced; Jones Lang LaSalle aligns its collective knowledge to help clients use their real estate as a competitive advantage. The world’s largest financial institutions trust in Jones Lang LaSalle to help them improve the cost, efficiency and performance of their real estate.
 
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 2011 global revenue of $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 2.1 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 $47.7 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.