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News release

ST. LOUIS, MO

JLL Names New Leader for St. Louis Market

Firm announces David Steinbach to oversee market operations


ST. LOUIS, April 6, 2015 — JLL today announced that David Steinbach has been named office leader for the St. Louis market. Steinbach succeeds his longtime business partner, Lynn Schenck, who is stepping down from that position to focus on select client opportunities.

As office leader, Steinbach will have full operational and management responsibilities, including overseeing the St. Louis office’s Brokerage, Property Management and Project and Development Services service lines and growing the firm’s presence in the market. He will continue to work closely with JLL’s Capital Markets team to pursue and execute local acquisition and disposition opportunities on behalf of clients.

“David has continually proven himself a leader and performer for the firm and the industry,” said Dan Ryan, JLL’s Midwest Market Leader. “JLL continues to see great opportunity in St. Louis, today and in the future, and we look forward to celebrating many new wins for our clients under David’s leadership.”

During his seven years with JLL, Steinbach has completed $520 million in transaction volume totaling 4.9 million square feet. He has also established himself as key voice in local leadership. Steinbach has represented a broad range of local and national clients.

“I’m honored with this opportunity,” said Steinbach. “Lynn has built a the great foundation here in St. Louis, and she has been a great partner and friend during our time together. We have a talented team of professionals and look forward to continuing to serve our current and future clients with the industry’s best commercial real estate platform.

“We think the future is bright for JLL and the St. Louis.”

Steinbach is a graduate of Miami University in Oxford, Ohio. He is a member locally, regionally and nationally of The National Association of Realtors and has been named multiple times to St. Louis’s Heavy Hitters in Commercial Real Estate by the St. Louis Business Journal.  Steinbach is on the executive committee of the Crown Center board.

In addition to her transactions leadership, Schenck produced transaction volume in excess of $1.2 billion. Schenk has achieved extensive professional accomplishments, including being a charter member of CREW St. Louis, a past president of the St. Louis Commercial Board of Realtors, induction into Midwest Real Estate News’ inaugural Hall of Fame Class in 2010 and election as the first female President of SIOR in 2003. She has always been active in the St. Louis community and currently serves on the search committee for the President of the St. Louis Economic Partnership and on the board of directors at Nurses for Newborns.

In addition to this leadership change, JLL also announced that David Branding will now head JLL’s industrial, supply chain and logistics platform in St. Louis, working directly with Steinbach. Specializing in distribution center, industrial warehouse and manufacturing facilities, Branding has completed transactions in excess of $100 million since joining JLL four years ago. He is also a member of the firm’s global Supply Chain & Logistics Solutions team.

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 $4.7 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 $53.6 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.