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News release

NEW YORK, NY

JLL Appoints Linda Aronson to Oversee Tri-State Property Management

Expansion of property management business prompts firm to split business development, operations functions to better serve growing client base


NEW YORK, January 15, 2015 — JLL has appointed Managing Director Linda Aronson to lead the firm’s Property Management group in the New York tri-state market, with a specific focus on new business development efforts. Matt Duthie, managing director, will continue to oversee the division’s technical and operations functions to ensure best practices in New York.

“We have restructured our Property Management group to facilitate the expansion of our third-party management portfolio in the New York tri-state area,” said Stephen Schlegel, COO of JLL’s New York operations. “Linda Aronson will focus on further building the business, while Matt Duthie’s knowledge of operations ensures we will continue to maintain the high standard of service our clients expect from JLL.”

Prior to leading the firm’s New York tri-state Property Management group, Aronson oversaw property management services for JLL’s suburban tri-state markets. Aronson joined LaSalle Partners in 1982 as a property accountant in New York after LaSalle Advisors acquired the Daily News Building, also known as 220 East 42nd Street. She then continued to advance her career and leadership in the property management business after LaSalle Partners merged with Jones Lang Wootton in 1999 and formed JLL.

Prior to joining JLL, Duthie served as an executive vice president with Ruben Cos., where he oversaw property management and construction services for more than 5 million square feet of commercial office space in New York, Washington, D.C. and Boston, and more than 1,000 luxury residential apartments in New York and Boston. Earlier, he was a senior vice president and co-director with Reckson Associates Realty Corp. and handled the daily operations of its 6 million-square-foot portfolio of Class A office property in New York.

JLL is a leader in the New York tri-state commercial real estate market, with more than 1,600 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services. In 2013, the New York tri-state team completed approximately 25.9 million square feet in lease transactions, arranged capital markets transactions valued at $2.1 billion, managed projects valued at nearly $7.0 billion, and oversaw a property and facilities management portfolio of 95.3 million square feet and an agency leasing portfolio of 67.0 million square feet.

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.