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Paul Spellman joins firm as Senior Vice President
WASHINGTON, D.C., Dec. 18, 2014 – To drive further growth in its overall Capital Markets business, JLL today announced the firm is expanding its Mid-Atlantic platform with the addition of Paul Spellman as a Senior Vice President. Spellman, based in the Washington, D.C. office, will have a primary focus on office investment sales working with Senior Managing Director Bill Prutting.
“Our clients want expertise in evaluating all capital markets strategies and solutions and Paul’s transactional success having completed both complex investment sale and debt and equity finance transactions provides our team a distinct advantage, producing superior outcomes for our clients.” said Prutting.
Spellman joins JLL from a competing brokerage firm in Washington, D.C. where he successfully completed more than $5 billion in commercial debt, equity and investment sales transactions encompassing office, retail, industrial and multifamily space in the Mid-Atlantic and North Carolina.
Spellman graduated from The University of North Carolina at Chapel Hill with honors and received a Bachelor’s degree in economics and political science.
JLL 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 2013 alone, JLL Capital Markets completed $99 billion in investment sale and debt and equity transactions globally. The firm’s Capital Markets team comprises more than 1,300 specialists, operating all over the globe.
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About JLLJLL (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.
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