CNL Realty Attracts Bryan from JLL

ORLANDO-Commercial Net Lease Realty Inc., a 19-year-old, locally based REIT whose common stock returned shareholders a 28% total return last year, has recruited Robert L. Bryan, a top executive in the local office of Jones Lang LaSalle.

Bryan leaves JLL as senior vice president and Florida region manager to become senior vice president of asset management at CNLR, whose portfolio includes 350 properties housing 111 tenants in 39 states with a gross leasable area of about 7.4 million sf.

At CNLR, Bryan will help the company broaden its office and industrial holdings, a move the firm already started earlier this year, says company president Gary M. Ralston. In July, CNLR bought two fully leased office buildings totaling 540,707 sf and a two-story parking garage in Washington, DC. This $142.8 million acquisition was CNLR’s entry into the office investment field, as GlobeSt.com previously reported.