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News release

Vancouver

Jones Lang LaSalle Moves into Vancouver

Firm continues to expand in Canada with new office and three key industry hires


VANCOUVER, Jan. 6, 2011 — Jones Lang LaSalle, a global financial and professional services firm specializing in real estate is continuing to grow in Canada with its latest office to open January 10 in Vancouver, British Columbia. 

The firm has hired three industry veterans who will lead the Vancouver operations.  Ray Ahrens joins as Executive Vice President, Norm Taylor and Gavin Reynolds join as Senior Vice Presidents.  They will provide a comprehensive suite of commercial real estate brokerage services including landlord and tenant representation in leasing as well as investment and occupier acquisition and sales.

“Jones Lang LaSalle is growing fast in Canada and it is important for us to have a presence in Vancouver to service our clients and organically develop our Canadian client base,” said Jim Becker, head of Jones Lang LaSalle in Canada.  “Vancouver is an extremely critical market and with these highly experienced professionals we can offer clients the very best services in the region.”

Ahrens, Taylor and Reynolds boast a combined 53 years of experience and a transaction volume in excess of $800 million. Ray Ahrens is a commercial real estate industry veteran and has worked on office leasing, investment sales and tenant representation assignments for the last 30 years.
Norm Taylor brings 14 years of commercial real estate experience to Jones Lang LaSalle and is a multi-market office leasing specialist.  Gavin Reynolds also an office leasing specialist has served both national and regional clients for the last 9 years. 

“This is a great opportunity to be part of the team expanding a truly full service and world class real estate services company to the Vancouver market,” said Ahrens.  “It is exciting to be a part of Jones Lang LaSalle’s growth strategy in Canada and we look forward to seeing the platform grow further in Vancouver.”

The new office in Vancouver follows last year’s expansion into Ottawa with the appointment of industry veteran Jean Chalifour as well as significant new hires in Montreal and Toronto.

Jones Lang LaSalle has operated in Canada for the past 10 years.  With its Canadian headquarters in Toronto, the firm also operates in Mississauga, Montreal, Ottawa and now Vancouver. The firm offers Tenant and Landlord Representation, Project and Development Services, Capital Markets, Mobile Engineering Services, Corporate Retail Solutions and Integrated Facilities Management Services to its clients in Canada.

About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2009 global revenue of $2.5 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.6 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with approximately $40 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.