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News release

Orlando, FL.

Carson Good to Lead Jones Lang LaSalle Florida Retail Capital Markets as New Managing Director


ORLANDO, Mar. 21, 2011 — Jones Lang LaSalle today announced the appointment of Carson Good to lead the firm’s retail capital market business throughout Florida. In his new role as Managing Director, Good will partner with Managing Directors Jubeen Vaghefi, Jeff Morris and Denny St. Romain as part of the Florida-based Capital Markets team. Good and his team will grow and drive value for the firm’s expanding international capital markets client base.
 
“We made a strategic decision to pursue a true market-leader,” said Vaghefi, “Carson is a successful principal and developer, and his value-creation mentality is critically valuable in today’s environment. He also knows the investment sales business, having been both a merchant builder and an industry-leader in third-party investment sales. This unique combination enables Carson to maximize value for our clientele.” 
 
“Having Carson on board as a partner rounds-out our Capital Markets business,” added Morris. “Good brings 26 years of direct shopping center experience to Jones Lang LaSalle, having owned, developed, re-developed, managed, leased and/or sold more than five million square feet of shopping centers and four thousand acres of commercial sites and raw land. He has expertise in retail operations, having been a part-owner of 52 operating restaurants in five states. He has long-standing relationships with hundreds of retailers, including Wal-mart, Publix, Winn Dixie, Walgreen’s, Outback, Darden, and Friday’s.” 
 
“Our business will be highly focused on serving key clients who own large shopping centers, including owners of distressed loans and loan pools, to design marketable value-creation plans that will attract the best capital, and execute for them,” said Good.  He added, “It’s a tough environment. To truly succeed you need not only every tool in the box; you also need to create new ones. I am excited about plugging into the platform Jones Lang LaSalle has created for its clients. With $43 billion in Capital Market transactions every year, combined with its roll as the largest third-party shopping center manager/leasing company in the country, the company has an unparalleled delivery system with superior staff, technology, research, and worldwide client relationships at every level. It’s really very exciting.”
   
The most important reason for joining the company, Good insists, is his 20-year relationship with Vaghefi and Morris, “These guys are among the very best professionals in their business,” he adds, “I respect their acumen and their integrity, and I look forward to growing the business and serving clients together.”
 
Carson is a fifth-generation Florida real estate professional, raised in Miami. He has served as a senior executive for The Trammel Crow Company, Pizzuti Organization, Intram Investments, and as President of Good Capital Group. He has served as Chairman of the Orange County Planning and Zoning Commission, member of the Orange County Parks Board, member of the Osceola County Growth Management Commission, director of Youth Crime Watch of America (2008 National Board Member of the Year), a Boy Scout Councilor, and in numerous other community service positions. He has degrees in English literature and business administration from Florida State University, a Masters in Business Administration & Finance from Rollins College, and completed specialized studies in hotel and restaurant administration at the American College in Leysin, Switzerland.
 
Jones Lang LaSalle has long-held a leadership position in the retail investment sales industry. The firm’s 90 million-square-foot retail portfolio consists of more than 300 regional malls, strip centers, power centers, lifestyle centers, ground-up development projects, mixed-use centers, transportation terminals and more than 6,000 retail ATM’s and bank branches across 50 states. 
 
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 our clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2010 alone, Jones Lang LaSalle Capital Markets completed $43 billion in investment sale and debt and equity transactions globally. The firm’s dealmakers completed $33 billion in global investment sales and buy-side transactions, equating to nearly $140 million of investment trades completed every working day around the globe. In the United States, Jones Lang LaSalle grew its office broker volumes by 257 percent in 2010 and is quickly gaining market share across all property types. Jones Lang LaSalle’s Capital Markets team comprises approximately 800 specialists, operating in 185 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.
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