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News release

CHICAGO, IL

JLL Adds Former Walmart Executive to Retail/e-commerce Distribution Platform


Chicago, IL, July 18, 2016 – JLL (NYSE: JLL) announced today that it has added a former Walmart real estate executive to its Retail/e-commerce Distribution (ReD) platform. Matt Powers joins the firm as an Executive Vice President and will be responsible for growing the business globally.

“E-commerce is rapidly changing and expanding, which impacts supply chain networks worldwide,” said Craig Meyer, President of Industrial Brokerage and Capital Markets, JLL Americas. “With Matt’s breadth of experience at Walmart – the world’s largest retailer – our clients will gain a competitive edge. He is a great addition to our platform.”

Powers joins JLL’s ReD experts who advise retailers on their distribution real estate strategies. His experience in site selection and negotiation will allow him to implement solutions that help clients achieve their supply chain, e-commerce and omni-channel operational goals.

“JLL is renowned for its people and their deep understanding of supply chain and industrial real estate,” said Powers. “I’m thrilled to work with the best in the industry and have the opportunity to make an immediate impact, helping our retail clients with the most efficient and forward thinking solutions.”

Powers was previously the director of realty acquisitions for Walmart, in which he developed, maintained and executed the strategic plan for Walmart and Sam’s Corporate Properties’ industrial real estate. He oversaw a 150 million square-foot portfolio, including a national fulfilment center network that enabled two-day and same-day delivery.

Powers holds a juris doctorate from University of Arkansas at Fayetteville, a master’s of business administration from Webster University and a bachelor’s of arts in government from Nicholls State University. He is a Certified Commercial Investment Member (CCIM), former chairman of the Pea Ridge Planning Commission and was previously treasurer of the Family Network Board of Directors.

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. A Fortune 500 company with annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has more than 280 corporate offices, operates in more than 80 countries and has a global workforce of more than 60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment management business, LaSalle Investment Management, has $58.3 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.