JLL Valuation Advisory adds industrial expert in Chicago
Jim O’Leary will focus on building and growing the industrial platform in Chicagoland and the greater Midwest region
CHICAGO, September 22, 2022 – JLL’s Valuation Advisory group announced today that it has hired Jim O’Leary, MAI, as an Executive Vice President in its Chicago office. O’Leary will serve as the industrial lead for the region and focus on driving growth and building out the platform throughout Chicago and the greater Midwest.
“In keeping with our goals of expanding our geographic reach for all property across the U.S., we’re excited to welcome Jim to the team,” said Katie Parsons, MAI, Managing Director and National Industrial Practice lead. “Industrial has become one of the most desired asset classes over the last few years and demand for valuation services has risen in lockstep. JLL Valuation Advisory understands how the market changes on a daily basis and is excited to deliver an elevated level of service to our industrial clients in the Midwest region.”
O’Leary is an experienced appraiser with more than 20 years in the commercial real estate industry. Prior to JLL, he grew from a Senior Appraiser to First Vice President for another global commercial real estate services firm where he was involved in a variety of asset classes including industrial, multi-housing and student housing. O’Leary has been involved in the valuation of a range of assets from Class A institutional assets to smaller owner/user assets and was consistently a top producer with his prior firm. He also focused on business development and was the point of contact for larger regional lenders as well as institutional developers. O’Leary worked for a range of client types, including mortgage loan underwriting, loan workouts, property and portfolio acquisitions, dispositions, asset securitization and financial reporting purposes.
“I couldn’t be happier to be a part of a world class organization such as JLL,” O’Leary said. “The vision and passion of the leadership team in the Midwest and nationally were a big draw for me, as well as the talent of the appraisal staff. I’m looking forward to leading and growing the industrial valuation group throughout the Midwest. Utilizing JLL’s technology and strong in-place industrial valuation team we will be able to expand our already high-level of client service.”
JLL Valuation Advisory is the essential guide to the changing face of real estate values and risk. The group brings together unrivalled human intelligence and experience, with continuous, data-driven insights to uncover a panoramic view of Value and Risk across sectors and geographies.
JLL’s 2,000 qualified valuation professionals are connected across more than 50 countries, sharing insights and real-time data to deliver tailored client solutions and advice for its clients’ real estate and business asset interests. The team is globally connected but also maintains sector-based expertise and deep local knowledge in every market.
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JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $19.4 billion, operations in over 80 countries and a global workforce of more than 102,000 as of June 30, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.