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News release

Phoenix

Jones Lang LaSalle Continues Phoenix Expansion with the Addition of Two Industrial Market Experts

Firm adds market leaders Anthony Lydon and Marc Hertzberg to industrial brokerage team


PHOENIX, June 16, 2010 — Continuing its expansion into the Phoenix market, Jones Lang LaSalle today announced the addition of industrial real experts Tony Lydon, SIOR, and Marc Hertzberg, SIOR to its industrial brokerage team. Both will join as Managing Directors and are recognized as top brokers in the marketplace having collectively facilitated more than $1.5 billion in industrial transactions nationwide.

“Both nationally and locally, Jones Lang LaSalle has a strong industrial tradition of client service and our bench continues to grow,” said Dennis Desmond, Senior Managing Director of the Jones Lang LaSalle Phoenix office. “We look forward to working with Tony and Marc to further develop that presence and to capitalize on the many opportunistic industrial deals that the market is presenting.”

With more than 50 years of collective experience in industrial real estate, Lydon and Hertzberg specialize in serving corporate real estate users, institutional owners and entrepreneurs throughout the U.S., focusing on metropolitan Phoenix.

An industrial real estate expert, Tony Lydon has been named a Top Industrial Broker by the Greater Phoenix Economic Council (GPEC), Industrial Broker of the Year by the National Association of Industrial and Office Properties (NAIOP) and a “Power Broker” by CoStar Group and Commercial Property News. Lydon serves on the board of directors for the Arizona Chapter of the Council of Supply Chain Management Professionals (CSCM) and is a 13-year member of the Society of Industrial and Office Realtors (SIOR).

He holds a bachelor of science degree from DePaul University, where he is also an Alumni Association Past President, and a master’s degree from DePaul’s Kellstadt Graduate School of Business. He supports organizations ranging from Brophy and Xavier College Preps to the National Multiple Sclerosis Society, and is part owner of the Lansing Lugnuts, a Michigan-based Class-A minor league baseball team.

In the past six years, Marc Hertzberg has completed more than 300 transactions. In 2009, this included industrial deals with an aggregate value of almost $100 million. He is ranked among Phoenix’s top brokers and is recognized as a “Power Broker” by CoStar Group and Real Estate Forum. Hertzberg holds a bachelor’s degree from the University of Arizona. He is a member of SIOR and NAIOP, and is a Team VIP Hospitality Suite Chairman for the Fiesta Bowl Committee.

“We are delighted to bring on board two of the best industrial brokerage professionals in Phoenix,” said Craig Meyer, Head of Industrial Americas for Jones Lang LaSalle. “Tony and Marc are recognized by clients and peers as exceptional brokers and as leaders in the market. They fit perfectly into our strategy of attracting the best senior level talent across the U.S.”

With these new hires the Jones Lang LaSalle industrial team has added 50 new professionals and grown 50 percent over the last 18 months, and is the fastest growing brokerage group in the nation.

Jones Lang LaSalle is a leader in the Phoenix commercial real estate market. Employing 311 of the area’s most recognized industry experts the firm offers Office and Industrial Brokerage, Tenant Representation, Facility and Investment Management, Capital Markets and Development Services. In 2009 it completed 3.2 million square feet in lease transactions and directed $60 million in project management, and currently has 13.5 million square feet under management.

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 1.6 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 approximately $40 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.