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News release

Chicago

Jones Lang LaSalle Continues Chicago Suburban Expansion with Addition of Agency Leasing Experts Douglas Shehan and Norman Murdoch


CHICAGO, June 22, 2010 — As part of its sustained strategy to grow its presence in suburban Chicago, Jones Lang LaSalle announced today that Douglas Shehan and Norman Murdoch have joined the firm as Senior Vice Presidents with responsibility for  suburban agency leasing in Chicago. Recognized industry experts, Shehan and Murdoch have completed more than 165 lease and sale transactions totalling nearly two million square feet within the last five years and were nominated for the Greater Chicago Food Depository’s “Suburban Lease Transaction of the Year” for a 177,000-square-foot lease.

“Doug and Norm are two of the most well-respected and successful leasing professionals in metropolitan Chicago, and we are thrilled that they have joined our suburban leasing team,” said Dan Ryan, Market Director at Jones Lang LaSalle. “Their experience, leadership, and long-standing industry relationships will be a tremendous addition to the industry-leading suburban team we are building as we position Jones Lang LaSalle to provide unparalleled service to property owners and investors in suburban Chicago.”

Shehan and Murdoch will report to Daniel Fernitz, Senior Vice President, Regional Leasing Director, and will work closely with recent new hire Lyle Patterson, Senior Vice President, Agency Leasing, to expand the firm’s suburban agency leasing portfolio in all key submarkets. Both executives will be based in the firm’s newly 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.

 “Adding Doug and Norm to our team roster significantly boosts our ability to meet the growing demand we are seeing across all suburban submarkets,” said Fernitz. “As the market shows increasing signs of recovery, the team we have been building over the last several months is poised to capture all the opportunities within the marketplace on behalf of our clients, and Doug and Norm are a critical part of that.”

“Norm and I are looking forward to contributing immediately to Jones Lang LaSalle’s growth and capabilities as part of the suburban Agency Leasing team,” said Shehan. “Joining one of the most successful platforms in the industry will give us the ability to serve our clients at the highest level possible and deliver results in what is one of the most complex markets we’ve yet seen in our careers.”

Shehan and Murdoch join Jones Lang LaSalle from Cushman & Wakefield where they both served as Senior Directors, Leasing, charged with the development and execution of agency leasing assignments on behalf of institutional landlords within the suburban Chicago market. Prior to joining Cushman & Wakefield, they spent seven years at Trammell Crow Company where they completed more than 1.8 million square feet of transactions.

Shehan is a member of NAIOP and is also a featured speaker at the annual BOMA forecast meeting. He holds a bachelor’s degree in business from the University of Kansas. Murdoch is active within NAIOP as well and holds a bachelor’s degree in marketing from Colorado State University - Pueblo.
 
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.