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News release

Denver

Jones Lang LaSalle Adds Investment Sales Expert Steve Suechting in Denver

Firm has added 50 new hires since merging with The Staubach Company in 2008


DENVER, Jan. 20, 2009 – Jones Lang LaSalle today announced the addition of Steve Suechting as Executive Vice President of the firm’s capital markets team in Denver.  Mr. Suechting is the 50th new employee added to the Denver office of Jones Lang LaSalle since merging with The Staubach Company in June of 2008.  Mr. Suechting will work under the direction of Managing Director Mark Lucas and partner with Corporate Capital Markets Executive Vice President John Jugl, Jr.
 
“Denver is clearly a target for expansion within our capital markets business and while not immune to this recessionary economy, Denver is expected to outperform the rest of the country in terms of commercial real estate in 2009,” said Mr. Lucas.  “I have no doubt Steve Suechting will make an instant impact for current and prospective clients.  His expertise within the institutional investment sales arena will position our team extremely well for continued success in the future.”
 
Mr. Suechting has more than 20 years of institutional investment sales experience and most recently served as a Senior Vice President at a national brokerage firm where he has averaged over $300 million in investment property sales for the last three years.  Mr. Suechting received Master’s of Business Administration degree from the University of Wisconsin-Madison.  He is a member of a number of professional associations, including the National Association of Industrial and Office Parks and the International Council of Shopping Centers.
 
Jones Lang LaSalle Capital Markets is composed of a broad range of real estate investment debt and equity specialists, and corporate finance experts, working on all property types and in all the major national markets on behalf of major institutional and local investors and developers, as well as corporations.  The firm's Capital Markets professionals are highly skilled at pinpointing and tailoring the right capital solutions for each of these client's needs.  The Investment Sales teams assist investors in developing and executing asset recapitalization strategies for office, industrial, retail, multifamily, healthcare and seniors housing product.  The firm’s Real Estate Investment Banking experts raise debt and joint venture equity for investors and developers, and provide secondary loan sale advisory services.  The Corporate Capital Markets professionals help corporations develop and execute strategies that bridge their occupancy, capital deployment and financial reporting objectives for their facility portfolios.  Collectively, the firm's Capital Markets team handled $82 billion in annual transaction volume in 2007.
 
Jones Lang LaSalle has been a prominent member of Denver’s real estate market since 1978. The firm’s regional office consists of 200 employees providing  more than  twelve business lines to  its  clients including industrial brokerage, investment sales, corporate capital markets, public sector services, agency leasing and project and development services.  In July 2008, Jones Lang LaSalle merged with The Staubach Company, a real estate services firm specializing in tenant representation. Locally, the merger added 40 new staff members and increased the tenant representation team by 300 percent.

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 2007 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 1.2 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the worlds largest and most diverse in real estate with $53 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.
 
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