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Current responsibilities
Mr. Carroll is a Vice President for the Public Institutions group in JLL’s Chicago, Illinois office.  His current responsibilities include project management, financial analysis, market research, economic analysis, development advisory, strategy development, and Request for Proposal (RFP) production.  His role involves providing comprehensive real estate services to government clients at the federal, state and municipal levels.

Experience
Mr. Carroll currently provides project management and analytical support for various strategic advisory and brokerage projects, including financial, market, leasing and regulatory real estate analysis.  Key areas of expertise include higher education real estate and land use planning, development consulting, and non-traditional revenue generation and financial structuring for public agencies. Below is a list of recent projects.

  • Carnegie Mellon University (CMU):  Mr. Carroll is project manager for the developer solicitation project at Carnegie Mellon University. This project includes market and highest and best use analysis, monetization strategy and brokerage. Mr. Carroll was the lead broker on this project which saw 14 developer respondents narrowed to three for ongoing final negotiations.

  • Cleveland State University:  Mr. Carroll is the project manager for CSU who engaged JLL to explore how the University might leverage public private partnerships to deliver $500 million worth of investment in capital projects on its campus in Downtown Cleveland. JLL’s analysis also provided CSU with the rationale for pursuing a private investor in their parking infrastructure. JLL is currently administering the procurement effort on behalf of CSU, and is marketing the effort nationwide to investors in parking operations.

  • Chicago Transit Authority (CTA): Mr. Carroll holds the day to day responsibility for the CTA account which includes analyzing the disposition of surplus property, non-fare-box revenue analysis, retail tenant build-outs and the leasing of retail concession for the CTA. JLL has generated over $120M on behalf of the CTA over the life of the contract.

Prior to joining Jones Lang LaSalle, Mr. Carroll was an associate advisor for Sperry Van Ness / Landmark in Geneva, IL.  There he specialized in the analysis and sale of development land, and leasing and sale of retail, office, and industrial properties in Kane County.   

Education and affiliations
Mr. Carroll earned a B.A. in Management and Organizations from the University of Iowa.  He is also a licensed real estate salesperson in the State of Illinois. 

Partial client list

  • Chicago Transit Authority
  • Michigan State University
  • Carnegie Mellon University
  • City of Minneapolis
  • City of Chicago
  • Cleveland State University
  • Navy Pier
  •  Dubai World Center Al Maktoum
  • City of Chicago – Department of Aviation
  • Louis Armstrong International Airport, Kenner, Louisiana
  • Oklahoma City International Airport
  • San Francisco International Airport
  • Dallas Fort Worth International Airport
  • Milwaukee General Mitchell International Airport
  • State of Missouri

Achievements

  •  Crain’s Chicago Business “20 in their 20s” – 2015
  • 4 years with JLL