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News release

Parsippany, NJ.

Jones Lang LaSalle Bolsters Capital Markets with Strategic New Jersey Investment Sales Hire

Tom Walsh Joins as Vice President


PARSIPPANY, N.J. (March 16, 2011) — Jones Lang LaSalle today announced that the firm has hired Thomas Walsh as a Vice President with its Americas Capital Markets practice. Walsh, who is responsible for directing the underwriting and marketing of investment property sales in the suburban markets surrounding New York City, is based in the firm’s Parsippany, N.J., office.  He will work under the direction of Managing Directors Joe Garibaldi and Peter Nicoletti.

“Tom brings a wealth of experience and a comprehensive knowledge of the Tri-State Area’s suburban markets to the firm,” said Joe Garibaldi, managing director of Jones Lang LaSalle. “His strategic relationships and familiarity with a broad range of transactions make him a strong asset for the firm.”

Throughout his career, Walsh has been directly involved with the marketing and sale of approximately $2 billion of commercial real estate, including office, industrial, retail, multifamily and land. His clients include pension fund advisors, REITs and a range of domestic and foreign private investors.  Prior to joining Jones Lang LaSalle, Walsh was a senior financial analyst for a major brokerage firm. During this time, Walsh executed more than 3.5 million square feet of office sales.   Additionally, Walsh has served as a portfolio analyst for Prudential Real Estate Investors, where he analyzed and forecasted the performance of two investment funds with more than $1 billion in assets.

Walsh holds a BBA in business management from the University of Massachusetts, as well as an MBA in finance from Fairleigh Dickinson University. He also holds a CCIM designation and is a licensed real estate salesperson in the State of New Jersey. 

“I anticipate that the market for investment sales in key suburban areas will continue to grow as the economic climate strengthens,” said Walsh. “I look forward to working with the Jones Lang LaSalle team to increase our marketshare and further strengthen the firm’s client relationships.”

Jones Lang LaSalle’s New Jersey operations rank within the top three as a leader in brokerage, project management and investment sales in the State. Employing 525 of the region’s most respected industry experts, the firm offers Office and Industrial Brokerage, Tenant and Landlord Representation, Project and Development Services, Property Management, and Capital Markets services to its clients in New Jersey. The operations also serve as the local service provider for the firm’s global and national corporate clients that have a presence in New Jersey.

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 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 60 countries from more than 1,000 locations worldwide, including 185 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 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 $41 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.