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News release

Hasbrouck Heights, NJ

Michael Sargis Joins Jones Lang LaSalle as Vice President of Industrial Brokerage Services in New Jersey


HASBROUCK HEIGHTS, N.J. (Aug. 24, 2009) — Jones Lang LaSalle has announced the hiring of Michael Sargis as Vice President of Industrial Brokerage Services in New Jersey.

Specializing in the sales and leasing of industrial real estate in North Jersey, Sargis will represent both landlords and tenants in meeting their real estate requirements.

“As a leading industrial real estate services firm in New Jersey, Jones Lang LaSalle was able to attract one of the region’s most experienced leasing, investment and development professionals,” stated Robert Kossar, managing director at Jones Lang LaSalle. “Michael’s vast knowledge of industrial real estate, and specifically, the conditions affecting both industrial tenants and landlords in today’s market, enhances our firm’s ability to provide the highest level of expert counsel to our clients’ ongoing needs.”

Recognized as one of Real Estate New Jersey’s “40 Under 40” in 2008, Sargis is one of the most highly respected professionals in New Jersey’s commercial real estate industry.

Prior to joining Jones Lang LaSalle, Sargis served as Leasing and Marketing Manager at AMB Property Corporation, where he was responsible for heading up leasing for the company’s 10 million-square-foot New Jersey portfolio, and completed more than 50 new lease and renewal transactions totaling more than 2.5 million square feet. Prior to working with AMB, Sargis was the Senior Leasing and Marketing Manager for First Industrial Realty Trust, Inc.

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 $41 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.
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