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News release


Jones Lang LaSalle Hires Retail Client Service Expert Timothy Olson

ATLANTA, December 9, 2009 — Jones Lang LaSalle has named Timothy Olson as Senior Vice President of Business Development in its Retail division in Atlanta.  Olson will be responsible for client relationship management with existing and prospective clients seeking retail services throughout the country.  He will work with clients on investment objectives, sourcing acquisitions and developing growth strategies.
“Tim is ideally suited to partner with our clients to achieve their business goals. His impressive real estate background includes a comprehensive knowledge of shopping center management, operations, finance and accounting,” said President and CEO of Jones Lang LaSalle Retail, Greg Maloney.  “His experience, reputation and strong work ethic will be extremely valuable for current and prospective clients.”
A 32-year retail industry veteran, Olson most recently served as President of the management division at Urban Retail Properties LLC and Regional Manager for the Southern Retail Management Group.  He has extensive experience in all types of retail properties throughout the country, including regional and super-regional malls, lifestyle centers, mixed-use developments, entertainment centers and strip centers.
Olson has been actively involved in several ground-up mall developments and grand openings, including The Streets at Southpoint in Durham, NC; Brandon TownCenter in Brandon, FL; Citrus Park Town Center in Tampa, FL; Wolfchase Galleria in Memphis, TN; and Galleria at Roseville in Roseville, CA. Additionally, he has many years of experience facilitating property acquisitions, conducting due diligence and has held several retail supervisory and executive positions.
Olson is a graduate of DePauw University in Greencastle, Indiana. He is an active member of the International Council of Shopping Centers (ICSC) and holds the Certified Shopping Center Manager (CSM) designation. He is a Certified Property Manager (CPM), a designation earned from the Institute of Real Estate Management (IREM).  Additionally, Olson is a licensed real estate broker in Georgia, North Carolina, South Carolina, Colorado and Oklahoma.
About Jones Lang LaSalle Retail
As a third-party service provider, Jones Lang LaSalle Retail manages the largest retail portfolio in the country. Our 56 million-square-foot portfolio consists of 160 regional malls, strip centers, power centers, lifestyle centers, ground-up development projects, mixed-use centers and transportation terminals across 33 states. Jones Lang LaSalle (NYSE: JLL) has a portfolio of 1.4 billion square feet of property under management worldwide, including more than 10,000 retail locations on four continents. Jones Lang LaSalle is the only global real estate services firm with a team of dedicated, full-time experts who deliver comprehensive and globally integrated services in Energy and Sustainability under one umbrella. The firm offers leading-edge, industry-unique technology, training and tools in energy and sustainability to maximize the benefits for its clients and the greater community. For more information on Jones Lang LaSalle Retail, visit
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 2008 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 1.4 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $37 billion of assets under management. For further information, please visit our Web site,
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