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LAS VEGAS, May 19, 2015 – JLL today announced its Retail President and Chief Executive Officer Greg Maloney, CRX, CSM, has been appointed to the International Council of Shopping Centers (ICSC) Board of Trustees. Maloney brings 35 years of industry knowledge to ICSC’s Board of Trustees and hails from an impressive background covering the full spectrum of retail real estate. In his new role as a trustee, he and the board will help establish policies and govern all matters for ICSC’s more than 70,000 worldwide members.
“The common denominator to the world’s greatest associations is an experienced and diversified board of trustees who bring a refreshing wave of talent and expertise to the table. It is an honor and extraordinary opportunity to welcome Greg to this dynamic roster that represents every sector of ICSC’s multifaceted membership, to the Board of Trustees,” said ICSC’s president and CEO, Michael P. Kercheval.
As Retail President and CEO, Maloney oversees all aspects of JLL’s Americas Retail business, which delivers management, leasing, marketing, development, tenant representation and strategic consulting services to clients of the firm. As an International Director, Maloney sits on JLL’s Global Retail Board and the Americas Retail Executive Committee, which sets strategy and direction for all retail related areas. Maloney has also accrued 15 years directing the firm’s receivership practice for all asset types for more than 70 properties. A regular speaker at industry conferences and seminars, he holds ICSC’s Senior Certified Shopping Center Manager designation (SCSM). In addition, he is a member of the Urban Land Institute (ULI) and serves on its Retail Green Committee.
The new board members were honored during a ceremony at the global retail real estate convention RECon on May 19 in Las Vegas.
The Board of Trustees supports ICSC in the implementation of its mission statement to advance the shopping center industry. In January 2015, the Board of Trustees updated the ICSC “Restated” Bylaws, strengthening the relevance of the organization and making it more responsive to members’ needs, by increasing transparency of governance and management and by improving its system of checks and balances of power. The newly restructured board will take on a high-level advisory role, while a subset, the Executive Board, will assume responsibility for all policy and governance.
Founded in 1957, ICSC is the premier global trade association of the shopping center industry. Its more than 70,000 members in over 100 countries include shopping center owners, developers, managers, marketing specialists, investors, retailers and brokers, as well as academics and public officials.
JLL’s Retail Group serves as the industry’s leader in retail real estate services. The firm’s more than 800 dedicated retail experts in the Americas partner with investors and occupiers around the globe to support and shape investment and site selection strategies. Its retail specialists provide independent and expert advice to clients, backed by industry-leading research that delivers maximum value throughout the entire lifecycle of an asset or lease. The firm has more than 100 retail brokerage experts spanning more than 25 major markets, representing more than 550 retail clients. As the largest third party retail property manager in the United States, JLL’s retail portfolio has more than 500 centers, totaling 69 million square feet under management in regional malls, lifestyle centers, grocery-anchored centers, power centers, central business districts, transportation facilities and mixed-use projects. For more news, videos and research from JLL’s Retail Group, please visit: www.jllretail.com.
For more news, videos and research resources on JLL, please visit the firm’s U.S. media center Web page: http://bit.ly/13y6hnB
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 $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $55.3 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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