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News release

New York

Jones Lang LaSalle Hires John Wheeler as Managing Director


NEW YORK, September 28, 2009 — Jones Lang LaSalle has hired John Wheeler as a managing director with its corporate solutions group in New York. He will be responsible for overseeing the firm’s newly expanded property management assignment with Gramercy Capital Corp., which encompasses 14.5 million square feet of office space and bank branches throughout the United States. Wheeler will also provide investor and brokerage services.
 
Wheeler, 48, has more than 25 years of experience in all aspects of commercial real estate, including asset management, brokerage, acquisitions and property management.
 
“John Wheeler has worked with Gramercy Capital Corp. for the past year, making him an ideal choice to oversee this new assignment for Jones Lang LaSalle,” said Peter Riguardi, president of Jones Lang LaSalle’s New York office. “His hands-on knowledge of the company’s portfolio and his thorough understanding of its strategic objectives will be crucial to our efforts to build value for Gramercy Capital throughout its U.S. portfolio.”
 
Prior to joining Jones Lang LaSalle, Wheeler was a senior director of asset management and leasing with Gramercy Realty. He oversaw the company’s Northeast region, which comprises more than 145 office and branch banking properties, and 9 million square feet of commercial real estate. Wheeler was responsible for creating and executing property-level business plans to maximize the value of Gramercy Realty's portfolio.
 
Previously, he served as president of investments and services with Antares Investment Partners. Wheeler headed the firm's acquisitions and asset management activities, including its proprietary office fund, which was formed with Goldman Sachs. Earlier, he was a managing director with Jones Lang LaSalle, where he was a senior member of the company’s transactions team and a member of its New York management committee.
 
Wheeler has also served as a senior managing director of brokerage services at Cushman & Wakefield Inc., and as a managing director with The Galbreath Company.
 
Wheeler received a bachelor’s degree from Union College. He is a member of the Real Estate Board of New York.
 
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. In the New York area, Jones Lang LaSalle provides leasing and management services for nearly 45 million square feet of commercial real estate. For further information, please visit our Web site, www.joneslanglasalle.com.
 
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