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News release

Chicago

Jones Lang LaSalle Hires Lyle Patterson to Boost Chicago Suburban Agency Leasing Platform

25-year real estate veteran to expand agency leasing depth across all suburban markets


CHICAGO, June 10, 2010 — Contributing to its growing presence in suburban Chicago, Jones Lang LaSalle announced today that Lyle Patterson has joined the firm as Senior Vice President with responsibility for  suburban agency leasing in Chicago. Leveraging a background that includes more than 25 years of agency leasing, capital markets, and property management experience, Patterson will focus on executing Jones Lang LaSalle’s aggressive growth plans for its suburban agency leasing business.

Patterson will report directly to Daniel Fernitz, Senior Vice President, Suburban Agency Leasing, and will work in tandem with Jones Lang LaSalle’s other practice group leaders to expand the firm’s suburban agency leasing portfolio in all key submarkets. Patterson will be based in the firm’s recently opened O’Hare Plaza office, joining high-profile new hires Keith Stauber, Midwest Industrial Services practice leader, and Brenda Crisp, Midwest Industrial Property Management practice leader, as part of the firm’s strategy to meet its clients’ growing demand within the suburban marketplace.

“As the market begins to recover, we are putting in place the most tenured and knowledgeable industry experts to assist our clients in capitalizing on the market opportunities that are beginning to arise, particularly in the suburbs,” said Dan Ryan, Market Director at Jones Lang LaSalle. “With an incomparable agency leasing track record and a well-regarded reputation within the landlord and brokerage community, Lyle will play a critical role in enhancing Jones Lang LaSalle’s ability to help property owners and investors maximize value within their suburban portfolios.”

Patterson joins Jones Lang LaSalle from Romanek Properties, Ltd. where he was Director of Acquisitions, charged with the development of brokerage relationships throughout the Midwest. Prior to this, Patterson spent 10 years at Equity Office Properties Trust where he led marketing and leasing efforts for the firm’s 4.5-million-square-foot suburban portfolio of Class-A properties. During his tenure there, he also served as Vice President of Investments and was responsible for the origination of investment opportunities in Chicago and Atlanta.

“Lyle’s well-rounded background across multiple real estate practice areas is perfectly matched to our clients’ requirements for proactive solutions that address the growing complexity and unpredictability present in today’s market,” said Fernitz.

“I am thrilled to join a company where I can put to use all of the real estate and business experience I have gained over the duration of my career,” said Patterson. “No other market presents more opportunities for users and owners of real estate, and so it’s an exciting time to be in the business, and I look forward to being part of a team that is considered best-in-class.”

Prior to his tenure at Equity Office Properties Trust, Patterson held positions at Insignia, Tower Real Estate Services, Ltd., Rubloff, Inc. and LaSalle Partners, Inc. Patterson holds a bachelor’s degree in economics from Southern Illinois University.
 
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 more than 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 more than $40 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.