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News release

CHICAGO

JLL Adds Industrial Expert in the Midwest

John Picchiotti joins the firm as Managing Director and leader of Industrial Brokerage Group


CHICAGO, October 12, 2016 – JLL today announced the continued expansion of its Industrial Brokerage group in Chicago with the addition of John Picchiotti. Picchiotti will serve as Managing Director and leader of the Chicago Industrial Brokerage business while Trevor Ragsdale, Senior Managing Director, will be elevated into a national leadership role for JLL's Industrial Integrated Portfolio Services (IPS) business.

"John is a proven industry veteran known for leading and developing successful industrial teams, and he will play a key role in ensuring JLL remains a top player in the Chicago industrial market and across the Midwest," said Dan Ryan, JLL Central Region Market Director. '"We are confident that the combination of Trevor's new Industrial IPS leadership role and the addition of John to our Midwest Industrial team will enable us to continue to grow our Industrial business, develop our people, and provide even better capabilities to our clients."

Picchiotti brings more than 25 years of commercial real estate experience in both brokerage and institutional ownership to JLL, most recently leading more than 50 brokerage professionals for a competing commercial real estate services firm. He also worked 16 years for Prologis, a top institutional owner, managing their Chicago operations. In addition to managing JLL's local industrial brokerage team, he will work closely with other service line leaders across the Midwest and on national Industrial initiatives.

"As one of the leading brokerage real estate services firms with a global platform, JLL is known for its broad capabilities and collaborative culture. I am excited to join and work with such a highly regarded and capable team," said Picchiotti. "This is a great opportunity to continue to grow a market leading business in one of the largest industrial markets in the country."

Picchiotti is a University of Illinois graduate and CPA, a member of NAIOP, SIOR and AIRE and actively involved in Catalyst Schools, Fellowship Housing and Young Life, a non-profit organization that reaches out to more than one million middle school, high school and college students around the world each year in friendship and faith.

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 $59.1 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.