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News release

Chicago, IL

Jones Lang LaSalle Awarded Exclusive Real Estate Services Contract for Harris Bank’s Four-Million-Square-Foot National Portfolio

Long-standing relationship expands to include strategic consulting and facilities, project, and transactions management


CHICAGO, Jan. 12, 2011 — Jones Lang LaSalle announced today that it has been awarded an exclusive real estate services contract for Harris Bank’s four-million-square-foot national portfolio. Building upon its relationship with the bank that began in 1998, Jones Lang LaSalle will now expand its scope of services under the new agreement to provide a truly integrated and cost-reducing real estate strategy to Harris’ four-million-square-foot retail and office portfolio.

Ted Glimp, Managing Director, Corporate Solutions and Blake Layda, Executive Director, Solutions Development of Jones Lang LaSalle led the team efforts for the highly competitive bid. C. Scott Ford, National Director, Corporate Solutions at Jones Lang LaSalle will serve as the customer relationship manager on the account.

Jones Lang LaSalle has provided facilities management services to Harris for more than a decade, and will now also provide project management, transaction management, and strategic consulting for the bank’s office and retail portfolio under the new, expanded agreement.

“Jones Lang LaSalle’s ability to deliver results via an integrated, proven platform, an optimized cost structure, and creative strategic solutions delivered by an experienced senior leadership team, made the decision to expand our relationship a natural one,” said Dan Cooke, Head of Corporate Real Estate and Distribution Planning, Harris.

As part of its service delivery platform, Jones Lang LaSalle will integrate its Mobile Engineering Services (MES) in delivering facilities management services to Harris’ retail portfolio. By applying the MES model, retailers can collapse their maintenance and repair supply chains to a degree that was not historically possible while leveraging the benefits of self-provision and a single supplier solution. An MES program typically generates savings ranging from 10 to 25 percent, while also improving service quality, response times and accountability.

“Our tailored, proven approach will ensure Harris has the leading-edge tools it needs to optimize its real estate portfolio so leadership can focus on continuously enhancing its service offerings to the bank’s growing customer base in the Midwest and beyond,” said Ford.

Based in Chicago, Harris is owned by Toronto-based BMO Financial Group. Harris operates more than 310 full-service banking facilities in Illinois, Indiana, and Wisconsin and has affiliated locations in nine other states in the U.S.

About Harris

Harris is an integrated financial service organization providing nearly 1.3 million personal, business and corporate clients with banking, lending, investing and wealth management solutions. The organization is a member of the BMO Financial Group (NYSE, TSX: BMO), which also provides corporate and investment banking services in the U.S. under the BMO Capital Markets name.

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, visit our website, www.joneslanglasalle.com.