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News release

EAST RUTHERFORD, NJ

JLL Hires David Stifelman in New Jersey

Joins firm as managing director; will provide agency leasing, tenant representation services throughout Garden State


EAST RUTHERFORD, NJ, March 7, 2014 — JLL has hired David Stifelman as a managing director in its Parsippany office. He will be responsible for new business development and agency leasing in New Jersey and tenant representation services globally.

Stifelman, 51, has nearly 25 years of experience in New York metropolitan-area commercial real estate and has developed expertise in all aspects of the industry, including leasing, investment sales and advisory services. He has represented several Fortune 500 financial and technology companies as well as a number of institutional and entrepreneurial owners of office buildings and land sites. Stifelman has completed more than 200 real estate transactions with an aggregate value of in excess of $2 billion in the United States and globally.

“David Stifelman is an acknowledged industry leader in the New Jersey office market,” said Robert Kossar, executive managing director and market director for JLL’s New Jersey and Long Island operations. “He has been responsible for many significant real estate transactions throughout the state and his expertise will enhance JLL as it continues to expand its presence in the market.”

Prior to joining JLL, Stifelman served as an executive director with a major New Jersey brokerage firm, where he worked for 18 years, specializing in agency leasing and tenant representation transactions. Before that, he was a leasing manager at Zepka/Goldberg Real Estate Co. Inc., where he was responsible for the leasing of more than 1 million square feet of retail, industrial and commercial properties in New Jersey, Maryland and Florida.

Earlier, he was involved with investment sales at The Kislak Company Inc., and was an assistant vice president with Morgan Stanley.
In 2011, Stifelman was honored with a CoStar Power Broker Award for Top Office Leasing Broker and Top Sales Broker in the Northern New Jersey Market.

Stifelman earned a bachelor’s degree in finance and economics from Pace University. He is a licensed real estate broker in the state of New Jersey.

JLL is a leader in the northern/central New Jersey commercial real estate market, with more than 500 professionals and support staff providing agency leasing, tenant representation, industrial services, strategic consulting, project and development services, property management and investment sales/capital markets services to New Jersey's leading corporate tenants, investors and landlords. The firm, which assists clients from three full-service offices in Parsippany, Iselin (Metropark) and East Rutherford, also acts as local service provider for JLL global and national corporate clients in need of real estate assistance in New Jersey.

About JLL
JLL (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 $4 billion, JLL operates in 75 countries worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3 billion square feet and completed $99 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $47.6 billion of real estate assets under management. For further information, visit www.jll.com.