News release

JLL’s Minneapolis Capital Markets group adds two retail specialists

Matt Hazelton and Cory Villaume will focus on retail investment sales and acquisitions in the Twin Cities

January 19, 2022

Kimberly Steele

Capital Markets, Agency Leasing and Valuation Advisory PR
+1 713 852 3420

MINNEAPOLIS, Jan. 19, 2022 – JLL Capital Markets announced today that it has hired Senior Directors Matt Hazelton and Cory Villaume to specialize in retail investment sales and advisory transactions in Minneapolis-St. Paul and the Midwest.

With a focus on multi-tenant and net-leased retail sales, Hazelton and Villaume come to JLL from another leading commercial real estate firm. Over their careers they have been responsible for nearly $1 billion of retail property dispositions and acquisitions. Their addition to the JLL Capital Markets team in Minneapolis, which is led by Senior Managing Directors David Berglund and Colin Ryan, fills an important gap in retail services for the office.

“The Minneapolis market has seen a tremendous amount of interest from the national investment community and upward pressure on pricing,” Hazelton said. “JLL is a market leader for retail brokerage around the world, and now we can help further bring that platform to investors in the Twin Cities by having boots on the ground.”

“Since the onset of COVID, we have seen the private capital funding sources significantly increase their deal size appetite in the Twin Cities,” Villaume added. “JLL affords us the opportunity to make sure the local market players are seeing what used to be viewed as strictly institutional-sized deals.”

Reporting to both Berglund and Ryan, Hazelton earned his undergraduate degree from the University of Michigan and received his master’s in business administration from the University of Minnesota’s Carlson School of Business, and Villaume is a graduate of the University of St. Thomas in St. Paul.

“David and I are thrilled to welcome this powerhouse retail duo to JLL Capital Markets,” Ryan said. “They are the perfect addition to our growing Minneapolis team to help us achieve our continual goal of putting the best team on the field in order to provide the highest level of client service.”

JLL 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 clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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About JLL

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 $16.6 billion in 2020, operations in over 80 countries and a global workforce of more than 95,000 as of September 30, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.