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News release

ORLANDO

JLL Expands Industrial Practice with Key Hire in Orlando

Mike Borling brings over 2.2 million square feet of industrial agency listings to JLL


ORLANDO, June 14, 2017JLL announces the hiring of Michael "Mike" Borling as a Senior Vice President at the firm's Orlando office. In his new role, Borling will focus on growing JLL's industrial agency portfolio in the Central Florida region. He brings over 2.2 million square feet of industrial agency property assignments, including Southridge Commerce Park totaling 1.2 million square feet, Sunport Center comprised of 372,199 square feet and Sunbelt Center consisting of 301,315 square feet.

"Central Florida is one of the most active industrial markets in the country and the addition of Mike, one of the region's most accomplished industrial brokerage professionals, is a big win for JLL," said JLL Market Director Doug Irmscher. "Mike's stellar reputation and intimate knowledge of Orlando's industrial market, plus his deeply rooted business relationships in the region, will be a key asset in positioning our firm for future growth."

Borling brings to his role 30 years of industrial real estate experience including leasing, development, acquisitions, and build-to-suit expertise.  Prior to joining JLL, Borling spent 15 years as the Broker of Record and Director of Leasing for EastGroup Properties Services of Florida, a self-administered equity real estate investment trust. While at EastGroup, he helped grow the company's portfolio from five buildings totaling 347,000 square feet to 41 buildings totaling 3.1 million square feet. 

Over the past 10 years, Borling has closed over 552 lease transactions totaling 7 million square feet of industrial space with a combined value of over $196 million. Additionally, he was directly involved in the development and leasing of three industrial parks, including six buildings in the Sunport Center totaling 372,199 square feet, 12 buildings in the Southridge Commerce Park totaling 1.2 million square feet, and six buildings in the Horizon Commerce Park totaling 712,613 square feet.   

Borling has been recognized by the Central Florida Commercial Real Estate Society as a top producer on multiple occasions throughout his career.   

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 the end of the first quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 78,000. As of March 31, 2017, LaSalle Investment Management had $58.0 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 www.jll.com.