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News release

Houston

Jones Lang LaSalle Adds Multifamily Expert in Houston

Sean Clancy joins as Vice President


HOUSTON, Oct.  25, 2010–Jones Lang LaSalle today announced it has bolstered its Capital Markets Investment Sales practice in Houston with the hiring of Sean Clancy.  Clancy joins the firm as a Vice President and will focus on the multifamily sector.

“Sean’s depth of experience working as an agency lender with Fannie Mae, Freddie Mac and FHA loans will give our firm a huge advantage as we see increased competition between DUS lenders and life insurance companies to source multifamily loans,” said Greg Austin, Managing Director with Capital Markets in Houston. “Clients will increasingly benefit as the firm is appointed as exclusive agents for multifamily dispositions.”

Clancy brings more than eight years of experience in the financial industry to the firm, responsible for the underwriting and analysis of transactions, preparation of investment packages, and the closing and processing of commercial loans.   He previously worked as a Senior Real Estate Analyst/Production for Grandbridge Real Estate Capital.  Clancy earned his Bachelor of Arts degree in History at University of Texas at Austin and has attended both the Champions School of Real Estate as well as the Appraisal Institute.

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 $40 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.