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News release

MEXICO CITY, MX

Jones Lang LaSalle Expands Service Offerings with Industry-Leading Retail Addition in Mexico

Luis Llaca joins firm to lead retail expansion in Mexico


MEXICO CITY, MEXICO, Sept. 1, 2011 — Jones Lang LaSalle today announced a major expansion of the firm’s full-service operations in Mexico with the addition of retail services. The firm has hired industry-leading retail expert, Luis Llaca, to focus on a wide range of retail services across Mexico. Llaca will report to Pedro Azcue, CEO of Jones Lang LaSalle Mexico, to broaden the firm’s client capabilities in this growing region.

“Luis is a seasoned commercial real estate veteran with more than 24 years of retail expertise. His addition to the Jones Lang LaSalle team enables the firm to expand our client service capabilities with the market’s leading retail specialist,” said Azcue. “Luis will lead a team that advises retail clients on sale-leasebacks, brokerage services including leasing and capital markets as well as providing advisory services for development and redevelopment of traditional malls and open-air centers.  These are all areas of expertise that our clients demand.” 

Luis comes to Jones Lang LaSalle from CB Richard Ellis where he served as Vice President of Retail operations in Mexico. He studied at the Universidad Intercontinental in Mexico City, with a focus on graphic design.  Luis is a Senior Certified Leasing Specialist (SCLS) for the International Council of Shopping Centers (ICSC) and serves on the Government and Admission Committee board for the International SCLS degree. In the last six years, Luis has transacted more than $145 million throughout Mexico.

“The hiring of Luis to lead the firm’s Mexico retail operations is another investment that will pay great dividends for our clients throughout Latin America,” said Hector Klerian, Director of Jones Lang LaSalle Mexico. “As more and more retailers look to expand in Mexico and Latin America, it was imperative that we provide our clients with the on-the-ground retail expertise. We expect our Latin America retail team to have intensive cross-border interaction with our strong and established retail team in the United States.”  

“The official launch of the corporate retail solutions group in Mexico will maximize the firm’s retail services throughout the region and connect our team with the firm’s existing practices,” said Llaca.

Jones Lang LaSalle has operated in Mexico for more than 28 years, with a regional headquarters office in Mexico City and additional offices in Monterrey and Tijuana. The Jones Lang LaSalle team also operates throughout Central and South America in Argentina, Chile, Colombia, Panama, Costa Rica, Guatemala, Peru, Puerto Rico, Venezuela, Dominican Republic and Uruguay. The firm’s service offerings in Mexico include: Tenant and Landlord Representation, Consulting, Energy and Sustainability, Investment Sales and Acquisitions, Retail, Hotels, and Valuation Advisory.

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 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 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 $45.3 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.