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News release

Phoenix

JLL Bolsters Industrial Property Management Expertise on the West Coast

Industry veteran Mark Stevens takes the helm in the West Region


PHOENIX, May 20, 2014 – As part of its ongoing commitment to strategically grow the industrial property management services it provides for clients, JLL today announced the firm has hired Mark Stevens as a National Director of Industrial Property Management in the West Region. Stevens will be based in the firm’s Phoenix office, responsible for the development of industrial property management business opportunities across the Western U.S. He will also partner with the JLL East Region to pursue and grow joint national opportunities.

“The West holds tremendous opportunity for JLL to expand our industrial property management services and best serve our clients, and we’re very pleased to welcome Mark into that process,” said Dan Pufunt, JLL President of Property Management. “Mark has an outstanding reputation and a broad knowledge base that spans leasing, investment and management. This gives us unprecedented capacity in the Western states and a great partner to help advance our national business development strategy.”

“We are equally pleased to have Mark headquartered out of our Phoenix office,” said Dennis Desmond, Senior Managing Director and head of the JLL office in Phoenix. “Our local team has grown exponentially in the last five years. Mark’s presence only adds to that depth of expertise and to the collaboration we’re able to foster with other JLL offices and clients across the West.”

JLL’s industrial property management business line spans approximately 1,600 property management professionals and engineers who service more than 221 million square feet of investor office and industrial product. Stevens is the firm’s first West-specific industrial property manager, underscoring JLL’s plans for growth in the region.

Stevens most recently served as Director – City Leader in the Western U.S. Industrial Practice at the Phoenix office of a competing local brokerage firm. Prior to that, he held executive-level positions in the acquisitions, asset management and brokerage/leasing functions at Cabot Properties, RREEF and Cabot Industrial Trust, among others.

Stevens is an alumnus of Loyola Marymount University in California and holds an Arizona Real Estate License. He is an active member of the National Association of Industrial and Office Properties (NAIOP) and the Urban Land Institute (ULI).

For more news, videos and research from JLL, visit the firm’s U.S. media center Web page: http://bit.ly/18P2tkv.

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.

In Phoenix, JLL is a market leader employing nearly 500 of the region’s most recognized industry experts offering office, industrial and retail brokerage, tenant representation, facility and investment management, capital markets and development services. In 2013, the Phoenix team completed 10.3 million square feet in lease transactions valued at $512 million, directed $72 million in project management and currently leases and/or manages a 22.8 million-square-foot portfolio. For more news, videos and research resources on Jones Lang LaSalle, please visit www.jll.com or www.jll.com/phoenix.