Universities look outward to overcome facilities construction and financing challenges

CHICAGO, Jan. 22, 2018 — As U.S. colleges and universities grow older, they are tackling more renovations and replacing aging facilities that don't suit today's living and learning approaches. And, they're increasingly looking to the private sector for fresh ideas for overcoming construction and financing challenges. That's why JLL has appointed Dean Monnin, a 14-year veteran of JLL and Senior Vice President, to lead the higher education sector for JLL's Project and Development Services (PDS) group.

"Dean's new role creates a more robust structure for the work PDS already performs with hundreds of higher education institutions around the world," said Todd Burns, Americas President, JLL Project and Development Services. "As JLL's higher education lead, he will be a critical link for integrating our full breadth of services to help colleges and universities overcome unprecedented challenges and create the sustainable, tech-friendly campuses of the future."

In this new role, Monnin will lead the higher education practice within PDS, alongside JLL's public-private partnership advisory, brokerage, facilities management and strategic consulting services. He will also lead PDS' vision and strategy for helping colleges and universities achieve their campus ambitions.  

"Brand-new facilities and impressive renovations can help 'sell' a campus to students—but many institutions are challenged by stretched resources, deferred maintenance, and the drive for cost efficiency," said David Houck, leader of JLL's Higher Education practice. "With extensive project management and higher education experience, Dean will deliver the fresh thinking that colleges and universities need to maximize their facilities capital investments."

Monnin has a strong background in higher education. Most recently, his team has served as owner's representative in the execution of Bowling Green State University's (BGSU) $200M campus master plan. In this capacity, Monnin's team has helped BGSU develop several new student housing facilities and two new dining halls—on time, within budget and with full transparency for all campus stakeholders.

Based in Columbus, Ohio, Monnin will retain his role as the Ohio PDS market lead. Monnin has nearly 20 years of experience encompassing industrial, office, retail, meeting, cinema and multi-site development projects. Since joining JLL in 2004, he has led teams of architects, engineers, vendors and contractors around the U.S. to complete over $100 million of development projects for some of the world's most well-known companies.

Prior to joining JLL, Monnin managed capital improvement projects for Freddie Mac. Monnin was also a project designer for RTKL Associates and Architectural Interiors in Washington, D.C., managing over one million square feet of tenant improvement projects.

Monnin holds an M.B.A from Johns Hopkins University, a B.S. in design from the University of Cincinnati and is a LEED Accredited Professional with the U.S. Green Building Council.

JLL Project and Development Services is a leader in the development, design, construction and branding of commercial real estate projects for the world's most prominent corporations, educational institutions, public jurisdictions, healthcare organizations, industrial facilities, retailers, hotels, sports facilities and real estate owners. Ranked No. 4 in Building Design + Construction's 2017 Construction Management Giants survey and No. 5 on Engineering News-Record's 2017 list of Top 100 Construction Management-for-Fee Firms, JLL's project management team comprises 5,420 project managers across 51 countries and is actively managing $35.7 billion under construction.

JLL's Higher Education practice partners with public and private universities, as well as university health systems, to help fulfill their missions through the stewardship of real estate. The group taps the unrealized potential of real estate to produce cost savings, improve financial strength, manage risk, and improve the overall student experience. A leading provider of higher education services, JLL has worked for more than 200 colleges and universities throughout the world and provides a broad range of services that encompasses: brokerage, project and development management, sustainability solutions, public-private partnerships, facilities management, and master planning. JLL's expertise includes student housing, athletic stadiums, gateway and innovation projects, science and research facilities, parking garages, continuing education, hospitals and international campuses.

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $145 billion. At the end of the third quarter of 2017, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of over 80,000. As of September 30, 2017, LaSalle Investment Management had $59.0 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated.