PHILADELPHIA, November 3, 2009 — Jones Lang LaSalle announced today industrial leasing specialist Jim McCahon has joined the firm’s Philadelphia office as Vice President, responsible for assisting clients throughout the Pennsylvania, New Jersey and Delaware markets in site selection, tenant representation and the disposition/acquisition of industrial real estate.  He is the firm’s fourth industrial addition this year.   The Philadelphia industrial team now consists of five industrial brokerage professionals and plans continued growth throughout the region.

 

“Jim is the latest strong addition to our industrial team in the Philadelphia market,” said Michael McCurdy, Market Director and head of Jones Lang LaSalle’s Philadelphia office. “His proven skills and market expertise and will help us better serve our fast-growing industrial client base.”

 

Prior to joining Jones Lang LaSalle, McCahon served as Vice President of Acquisitions at Patriot Equities, where he was responsible for overseeing the origination, underwriting and acquisition of real estate.  Among his successes, he spearheaded the partial sale-leaseback of a 1.5 million-square-foot industrial campus.

 

McCahon graduated from West Chester University where he earned his Bachelor of Science degree in business.  He is a member of the TriState Commercial Realtors Alliance, CoreNet Global and the Montgomery County Economic Development Corporation.

 

McCahon joins a growing team of industrial professionals at Jones Lang LaSalle. During the first six months of 2009, the firm’s Philadelphia professionals completed more than 2 million square feet of industrial transactions and were selected as exclusive representatives for several agency leasing assignments. The firm is currently marketing more than 4.5 million square feet of warehouse space and several hundred acres of industrial land throughout the eastern half of Pennsylvania.

 

Jones Lang LaSalle has been a prominent member of Philadelphia’s real estate market since 1997.  With 280 employees, the office currently manages 4 million square feet of office space and leases more than 4.5 million square feet of prime industrial space throughout the metro Philadelphia area.

 

 

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 2008 global revenue of $2.7 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 1.4 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 more than $37 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.

 

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