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News release

Parsippany, NJ

Jones Lang LaSalle Expands Project and Development Services Division in New Jersey with Two New Hires

Addition of industry veterans Pope and Romney supports firm’s growing service platform


PARSIPPANY, N.J., Aug. 30, 2010 — Jones Lang LaSalle has hired two industry veterans to join its Project and Development Services (PDS) division in New Jersey.  David Pope and Christopher Romney will serve as a Senior Project Managers providing project management services to both commercial real estate owners and tenants.

“The current market climate has spurred the growth of our PDS division, as both owners and tenants are increasingly turning to third-party project management service providers that have the expertise and resources necessary to oversee and execute a full range of project and development solutions,” said Julio A. Villavicencio, head of Jones Lang LaSalle’s PDS division in New Jersey. “We are pleased to have retained two of the industry’s most talented project and development management experts to join our growing team.”
 
Prior to joining Jones Lang LaSalle, Pope, who brings 19 years of experience to the firm, served as a project executive, working on lease review, due diligence, budget development, tenant upgrades and office build-outs for clients.  For Jones Lang LaSalle, he will be responsible for executing due diligence, project management and development services in New Jersey and the New York metropolitan areas.

An expert in project operations and cost analysis, Christopher Romney brings 30 years of experience to the team. He will be responsible for managing the development and construction of commercial, corporate, technical and industrial facilities in New Jersey.

Jones Lang LaSalle’s Project and Development Services team includes more than 1,000 professionals In North America. PDS provides corporate and institutional clients with management of design, construction and relocation services to minimize risk and eliminate unnecessary cost. Project specialties include interior build-outs and base building construction on single tenant properties or large-scale multi-site portfolios. PDS manages over 2,300 projects annually, including $12 billion in project volume currently 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 $38 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.