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Covey joins the firm as senior vice president
NEW YORK, October 27, 2016 — JLL announced that it has hired Greg Covey in New York to support the growth of JLL's retail brokerage business in major geographies. Covey brings 12 years of retail real estate experience, specializing in owner and tenant representation, to JLL. He joins as Senior Vice President, and in his new role will work with JLL's New York retail brokerage team, including Vice Chairmen Patrick A. Smith and Bob Gibson, to support an uptick in client demand for retail leasing services in the market.
"During the last two years we've quadrupled our New York retail brokerage team to support our clients demand for local market expertise," said Phil Palmer, Executive Managing Director of JLL New York Brokerage. "Greg's decision to join JLL reinforces the growing strength of both our national and New York retail services and will significantly enhance our ability to serve our global and local clients."
Prior to joining JLL, Covey was a Vice President at a national commercial real estate firm where he worked with landlord clients, including CIM, Property Group Partners, Broad Street Development, Imperial Companies.
"Beyond Greg's landlord leasing expertise, he has a proven track-record advising high growth, corporate-controlled, national and international retailers keen on market penetration in New York City," added Gibson. Covey coordinated the expansion plans and secured locations for retailers including La Colombe, Chick Fil-A, GNC, Snap Kitchen, Allen Edmonds and Zadig et Voltaire.
"Greg's great industry relationships, strong reputation and a long career of working on collaborative teams makes him a great cultural fit for our New York Retail team, and allows us to continue our strategic growth in the market," said Smith.
Prior to his role as a Managing Director, Covey was the Director of Real Estate Development at Equinox Fitness Club where his responsibilities included site selection for new and existing markets nation-wide. He began his career at Studley in San Francisco where he consulted on the national leasing strategies for prestigious law firms such as Sedgwick, Detert, Moran & Arnold and Perking Coie.
Covey has a Master of Science degree in real estate finance from New York University and a Bachelor of Arts degree from Emory University. He is member of the International Council of Shopping Center s (ICSC) and sits on the Be@Schermerhorn condominium board.
JLL is a leader in the New York tri-state commercial real estate market, with more than 2,300 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services. In 2015, the New York tri-state team completed approximately 32.6 million square feet of lease transactions; arranged investment sales, notes, debt and equity transactions valued at more than $8.2 billion; managed projects valued at $7.8 billion; and oversaw a property management, facilities management and agency leasing portfolio exceeding 141 million square feet.
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. 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.
George Shea, Mark Faris