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News release


NAIOP NJ Honors JLL New Jersey With Impact Award

JLL New Jersey recognized for significantly impacting New Jersey’s commercial real estate sector

EAST RUTHERFORD, N.J., April 7, 2017 — The New Jersey chapter of NAIOP, the commercial real estate development association, will honor JLL New Jersey with the Impact Award at its 30th Annual Commercial Real Estate Awards Gala on May 11.

 The Gala, which will be held at The Palace at Somerset Park, 333 Davidson Avenue in Somerset, N.J., begins at 4 p.m. with a red carpet arrival and includes a welcome reception, the opening ceremony and awards presentation, and culminates with a grand reception.

"It is an honor to be recognized by NAIOP NJ," said Robert Kossar, executive managing director and leader of JLL's New Jersey business. "We are pleased to be part of an industry that is playing such an important role in New Jersey's growing economy."

NAIOP NJ's Impact Award recognizes firms or individuals that have significantly influenced New Jersey's commercial and industrial real estate development industry. This award is intended for distinguished industry trendsetters. Distinctions are made based on service to the industry and community, professionalism and integrity and overall impact on the commercial and industrial real estate industry.

NAIOP NJ will honor other New Jersey real estate professionals at the gala. Arthur Greenbaum of Greenbaum Rowe Smith & Davis LLP will receive the Lifetime Achievement Award; and Hollister Construction Services LLC, with Chris Johnson accepting, and Biggins Lacy Shapiro & Company, with Jay Biggins accepting, will both receive Industry Service Awards.

JLL entered the northern/central New Jersey commercial real estate market in 2004. The firm assists clients from four full-service offices in East Rutherford, Parsippany, Iselin (Metropark) and Cherry Hill, and acts as a local service provider to JLL's global and national corporate clients. JLL New Jersey was honored by NJBiz magazine as one of its 2015 Best Places to Work in New Jersey. 

During the past five years, JLL has seen tremendous growth, and was ranked by NJBiz in August 2016 as one of state's leading real estate brokerage firms. The company, which employed approximately 700 people five years ago, now boasts a staff of more than 1,100 professionals. Under the leadership of Robert Kossar, executive managing director; David Knee, senior managing director and head of industrial brokerage; and Daniel Loughlin, international director and head of office brokerage; JLL's New Jersey operations have increased revenue by 146 percent during the past five years.

The firm has been honored by NAIOP several times in the past few years for its work in the New Jersey real estate market. In 2013, JLL received the organization's Industrial Deal of the Year Award for its work on the Prologis Pulaski Distribution Center, a highly-complex, eight-year development transaction on a former Superfund site in Jersey City, N.J. In 2016, JLL won the Industrial Deal of the Year Award for leasing the Elizabeth Logistics Center in Elizabeth, N.J. It was also recognized with a Judge's Award for its work with Advance Realty to bring Nestlé Health Science to the New Jersey Center of Excellence in Bridgewater, N.J.

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 JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At year-end 2016, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 77,000. As of December 31, 2016, LaSalle Investment Management has $60.1 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit