Jones Lang LaSalle has had a presence in the Atlanta real estate market since 1978 and the office currently has 400 employees. The firm had recently focused on expanding in other areas, such as New York City, Chicago, southern and northern California, Texas, Florida, Washington, DC and Boston, Webb says.
"In 2007, we are increasing our focus in the Southeast and in Atlanta, in particular," he says. Jones Lang LaSalle plans to focus on the Atlanta market for industrial, and focus on Atlanta, Charlotte, Raleigh and Nashville for expanding its business in the office and retail markets, Webb says.
[IMGCAP(2)]Ralph Smalley and Christopher Marshall have been hired to focus on office investments, as managing director and senior vice president respectively. Kris Cooper and Margaret Caldwell, who will both be managing directors of the capital markets group, will focus on local retail investment business. Smalley, Marshall, Cooper and Caldwell had all previously worked with Cushman & Wakefield. C&W did not comment on the four employees moving to JLL by GlobeSt.com's deadline.
John O'Keefe, who had previously worked for Highwoods Properties, has been hired as vice president of leasing and Matt Oliaro, previously with GVA Advantis, has been hired as vice president of industrial. Oliaro will work on growing the client base in the Southeast for the firm's industrial initiative. As Jones Lang LaSalle has more corporate clients, there are a lot of clients with manufacturing which have needs for property management, leasing and facility management, Webb says.
Prior to the hirings, the firm's capital markets practice had been staffed out of a New York City office, Webb says. "We had been serving Atlanta out of New York," he says.
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