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News release

Seattle

Jones Lang LaSalle Adds to Capital Markets Bench in Seattle

Transaction specialist further expands firm’s reach into Puget Sound dealflow


​SEATTLE, December 23, 2013Jones Lang LaSalle (JLL) Capital Markets today announced it has hired David Otis as a Vice President in the Seattle office where he will be joining the Seattle Capital Markets team, led by Lori Hill and Stuart Williams.

David joins from the Irvine office of Ernst & Young, where he worked as a manager in the firm’s Construction and Real Estate Advisory Services group advising corporate clients on their national and global real estate portfolios. 

Mr. Otis is skilled in due diligence, financial analysis and real estate asset management.  Prior to joining EY, he held positions at global brokerage DTZ, Voit Real Estate Services, a Newport Beach, CA-based owner and operator of office, industrial and retail properties, and Investcorp International, a global private equity firm based in New York. In his career, he has successfully closed over $250M in office and hotel transactions, and assisted in the asset management of over $1B of mixed use, office, hotel, retail and industrial real estate. 

“Seattle continues to be a highly favored market for a widening range of institutional investors and our capital markets team is one of the most respected in the market for its ability to execute successful transactions.  David’s expertise in this regard and his knowledge of the institutional mind-set is a definite plus for the team as we look to build upon a very active year of helping clients to navigate a hot transaction market,” said Stuart Williams, Managing Director in charge of the Seattle office of Jones Lang LaSalle.

David holds an MBA from UCLA’s Anderson School of Management and received his Bachelors at Washington State University. He is a mentor for Big Brothers Big Sisters and has volunteered at Esparanza International building homes for the needy in Tijuana, Mexico.

With offices in Seattle and Bellevue, JLL is supported by over 300 personnel in the Puget Sound region.   The firm offers a full suite of commercial real estate brokerage services, including tenant and landlord representation, capital markets advisory and investments sales, property management and project and development services.  The firm has local, dedicated expertise in the office, industrial, life sciences, technology, data center and multifamily residential sectors.  Jones Lang LaSalle currently represents just under 9.6 million square feet of office product in the region, with just under three million square feet added this year.

Jones Lang LaSalle Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2012 alone, Jones Lang LaSalle Capital Markets completed $63 billion in investment sale and debt and equity transactions globally. The firm’s dealmakers completed $60 billion in global investment sales and buy-side transactions, equating to nearly $240 million of investment trades completed every working day around the globe. The firm’s Capital Markets team comprises more than 1,300 specialists, operating all over the globe.

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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 $46.7 billion of real estate assets under management. For further information, visit www.jll.com.