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News release

ATLANTA, GA

JLL Hires Matthew Patterson as Vice President in Atlanta

Patterson will focus on tenants as a member of industrial brokerage team


ATLANTA, Nov. 04, 2014  – JLL today announced that Matthew Patterson has joined its Atlanta office as Vice President. Known throughout the metro area for his deep expertise in the industrial sector, Patterson will focus on tenant representation for the industrial brokerage team and, using his extensive background from prior positions with the Metro Atlanta Chamber of Commerce and the State of Georgia, will pursue new business in the manufacturing, distribution and supply chain industries.

“The market knowledge, experience and contacts that Matthew brings cannot be overstated,” said Mike Sivewright, Atlanta Market Director. “His hiring adds a powerful dimension to an already formidable industrial team and ensures our presence in the Atlanta industrial market will continue to grow. Matthew’s insight and analysis will enable our clients to seize opportunities, anticipate change and successfully navigate today’s industrial real estate market.”

Patterson joins JLL from the Metro Atlanta Chamber of Commerce, where he most recently served as Director of Supply Chain and Advanced Manufacturing and played a critical role in developing and maintaining the Chamber’s global marketing strategy to the manufacturing sector. He also was responsible for the growth and recruitment of new companies in the supply chain, advanced manufacturing and clean technology sectors. Before joining the Chamber in 2007, Patterson worked for The Georgia Department of Economic Development, where he was Senior Statewide Manager in Industrial Recruitment. In that role, he was responsible for marketing the state’s business climate to companies across the nation and globe. Before leaving, he successfully recruited over 50 domestic and international companies to Georgia, which resulted in $1 billion in new capital investment and the creation of more than 4,500 new jobs.

The addition of Patterson comes as the Atlanta industrial market continues to strengthen. The total vacancy rate for the area dropped to 10.3 percent in the third quarter, and investor competition for Class A bulk space has soared. Industrial construction has picked up noticeably in the Airport, I-20 West and Northeast submarkets, and the end of the year could see a shift from a tenant-favorable market to one that tilts towards landlords.

Patterson is a graduate of the University of Georgia’s Terry College of Business, where he completed his Bachelor of Business Administration in Economics. He is an active member of several industry organizations, is an executive board member of The Georgia China Alliance, and previously served on the board of directors for The Georgia Solar Energy Association and the Georgia Greentech Corridor.

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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 fee revenue of $4.0 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000.  On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $53.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.