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News release

Phoenix

Jones Lang LaSalle Launches Phoenix Landlord Leasing Practice with Key Hires

John Bonnell and Don Mudd join brokerage practice as Managing Directors; Abramson and Moore sign on as Vice Presidents


PHOENIX, March 22, 2010 — Jones Lang LaSalle announced today that it has hired a market leading, four-member office leasing team in Phoenix as part of the firm’s continued efforts to expand landlord-focused leasing business and its brokerage platform.  John Bonnell and Don Mudd have joined the firm as Managing Directors. Jason Moore and Brett Abramson have signed on as Vice Presidents.  The four will report to Senior Managing Director and leader of the firm’s Phoenix brokerage operation, Dennis Desmond.
 
Bonnell, Mudd, Abramson and Moore will leverage their combined 65+ years of commercial leasing and sales experience to aggressively grow the firm’s landlord-focused leasing practice throughout the Phoenix market and complement the firm’s strong tenant representation practice.
 
“The addition of this extremely strong and well-connected team to our Phoenix platform is an important step in our continued focus on building and growing our national landlord leasing practice over the next two years,” said Desmond.  “Having handled more than 5 million square feet of office product in this market, this team has proven its ability to aggressively and strategically grow the firm’s capabilities in the landlord brokerage arena, and will be a major boon to our clients as we expand our presence in Phoenix.
 
Added Jan Pope, Jones Lang LaSalle’s Southwest Market Director, “Our firm has already established itself as a market leader in Phoenix tenant representation, and this team adds another service offering for our clients.  Jones Lang LaSalle is excited to continue our expansion in Phoenix and looks forward to continuing our growth in this important market."
 
Bonnell and Mudd finished 2009 as the top- producing office leasing team – and the second-highest producers across all product types—in the Phoenix office of Cassidy Turley (formerly Grubb & Ellis | BRE).  They have been consistently high level producers for the past several years and have been directly involved in more than 1,000 transactions totalling over $2 billion.  Mr. Bonnell has nearly 23 years of experience within the industry and is a graduate of the University of Iowa.  Mr. Mudd has 29 years of experience in the Phoenix core market and is a graduate of Southern Methodist University.
 
Mr. Abramson specializes in the representation of landlords and tenants in lease and sales transactions and is a graduate of San Diego State University.  Mr. Moore has more than eight years experience in the Phoenix metropolitan market and is a graduate of Arizona State University.
 
Jones Lang LaSalle is a leader in Phoenix commercial real estate with more than 270 employees in the market. 
 
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 2009 global revenue of $2.5 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 $40 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.