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News release

DALLAS, TX

JLL Expands Retail Investment Sales Expertise into North Texas Market

Adam Howells joins as Managing Director in Dallas


DALLAS, Jan. 15, 2015 – As Dallas continues its strong momentum forward with one of the highest levels of retail construction in the nation and proportional absorption rates, JLL stands poised to answer growing demand for retail investment sales expertise in the North Texas market. JLL today announced the firm has hired industry veteran Adam Howells to lead its retail capital markets practice in Dallas.  Howells joins the firm as a Managing Director, partnering with JLL’s Capital Markets leadership in the market including real estate investment banking Managing Directors Randy Fleisher and Tim Jordan to strengthen the firm’s retail investment sales client service offerings.  In addition, the firm has also hired Jace Hinderland as a Vice President.  Howells and Hinderland will also work closely with Managing Director Clay Smith, who leads the firm’s Retail Brokerage practice in Dallas.  

“Adam has a strong reputation as one of the top retail investment sales brokers in Dallas, with more than two decades of experience guiding institutional owners, developers and private investors as they seek to bring their retail assets to market.  After working together professionally for the past 15 years, I am looking forward to partnering from within the same firm,”” said Fleisher.  “He and Jace will be a key addition as we seek to drive significant growth for our Capital Markets clients in the region.  

Added Paul Whitman, President of the DFW region for JLL, “Bringing these two high performers into the JLL fold is part of the firm’s overall strategy to build a leading retail platform, both in North Texas and nationwide.  Adam and Jace’s expertise in property sales will complement our already strong leasing and tenant representation practice and allow us to provide our clients a best-in-class full-service platform for clients.”

Howells has more than 22 years of experience in real estate investment sales, and most recently, served as Managing Partner of UCR Investment Sales.  He has completed more than 12 million square feet of retail sales, valued at more than $2 billion, during his career.  Prior to joining UCR, Howell was a Managing Director at a competing brokerage firm for more than a decade.  He received his Bachelor of Business Administration degree in real estate finance from the University of North Texas.  

Hinderland also joins JLL from UCR Investment Sales, with expertise in all retail product types including sale-leasebacks and joint-venture assignments.  Prior to UCR, he was an Associate Vice President with Rockwood Real Estate Advisors, as well as a competing brokerage prior to that.  Hinderland received his Bachelor of Business Administration degree in finance and economics from Southern Methodist University.  He is a member of the International Council of Shopping Centers (ICSC) and serves on the Convention Program Committee for Texas.  

The hiring of Howells and Hinderland comes just one month after JLL added Naveen Jaggi as President of JLL’s Retail Brokerage.  The firm also has retail investment sales experts in Houston, the Northeast, the Southeast and the Midwest.  

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 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.