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News release

Chicago

Jones Lang LaSalle Bolsters Industrial Investment Sales Practice in Chicago

Longtime industry pro Garry Weiss joins as Managing Director


CHICAGO, Oct. 13, 2010 – Jones Lang LaSalle announced today that it has bolstered its Capital Markets Investment Sales practice in Chicago with the hiring of Garry Weiss. Weiss joins the firm as a Managing Director and will focus on the industrial investment sales sector.

“In the last year, we have seen an increase of nearly 40 percent in transaction volumes in the industrial sector,” said John Huguenard, Managing Director and Head of National Industrial Investment Sales.  “Garry’s extensive experience and deep contacts within the business will make an immediate impact for clients as we experience institutional investors and life insurance companies increasing their transactions within this pivotal sector of the business.”

Weiss brings more than 26 years of experience within the industrial supply chain of the commercial real estate industry to the firm, including more than 18 years as an Instructor with the Society of Industrial and Office Realtors (SIOR) and 13 years as a Senior Instructor with the Certified Commercial Investment Member (CCIM) Institute.  Most recently, he was a Managing Principal at GSW Ventures, Ltd., a value-add real estate investment and operating company focused upon the acquisition and (re)development of sustainable commercial and multi-family properties.  Prior to that, he was a Senior Vice President and National Director of the Integrated Industrial Solutions (IIS) initiative at First Industrial Realty Trust.  Weiss earned his Bachelor of Arts degree in Real Estate Finance at the University of Illinois at Urbana-Champaign.  He is also a member of CoreNet Global.

Jones Lang LaSalle Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for its clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In the last three years, Jones Lang LaSalle Capital Markets completed more than $143 billion transactions globally. The firm’s Capital Markets team comprises approximately 1,500 specialists, operating in 180 major markets worldwide.

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 website, www.joneslanglasalle.com.