There’s still more fallout from the CB Richard Ellis-Trammell Crow Company merger. Jones Lang LaSalle has picked up an entire team of six from the old New York TCC. The team, led by veteran broker Jim Quinn, comes to JLL after CBRE bought Trammell last December.
CBRE wasn’t exactly jumping at the chance to extend offers to New York’s TCC brokers. The company deliberated for over a month and gave offers to fewer than half of the team of 24, according to inside sources.
Some left just because they didn’t want to work at 200 Park Avenue. As The Observer first reported, broker Bob Hackett got an offer but decided to go to Jones Lang LaSalle anyway.
And now he’ll be joined by six of his former colleagues.
Full release after the jump.
- John Koblin
Jones Lang LaSalle Hires Industry Leader James P. Quinn & Team
Group Specializes in Corporate Real Estate Services Throughout New York Region, Nation
NEW YORK, April 2, 2007 — Jones Lang LaSalle’s New York office has hired James P. Quinn, a leader in the corporate real estate services sector, who joins the firm as a managing director along with his six-person team of professionals. The group, which specializes in corporate real estate services, includes Patrick Heeg, Gary Youm, Gladys Cabrera, Brian Crockett and Denise Rudert.
“This group of talented real estate professionals is a valuable addition to our firm,” said Peter Riguardi, president of Jones Lang LaSalle’s New York region. “Jim’s track record of completing prominent assignments in New York and across the country demonstrates his ability to successfully conclude large, complex transactions for major corporations. His skills will be instrumental in expanding our ability to serve the business community with the full range of Jones Lang LaSalle’s integrated worldwide platform of services.”
Quinn has more than 20 years of experience in corporate real estate services, including consulting, leasing and sales. Previously, he served as an executive vice president at Trammell Crow Co. Earlier, he was an executive director at Cushman & Wakefield Inc.
Quinn has completed 30 million square feet of corporate real estate transactions for clients such as IBM; Dow Jones; Washington Mutual; Sprint Corp.; Level 3 Communications; The Thompson Corporation; Keefe, Bruyette & Woods; YWCA; The Federal Republic of Germany; and 650 Fifth Avenue Associates. He has directed notable real estate projects that include the 200,000-square-foot corporate headquarters deal for Dow Jones at the World Financial Center; the sale-leaseback of the 766,000-square-foot 85 Tenth Avenue for Level 3 Communications, considered the largest single-user technology transaction in Manhattan; the consolidation of Thompson Corp. into 300,000 square feet at 195 Broadway in Lower Manhattan; the sale of the YWCA’s 100,000-square-foot corporate
Jones Lang LaSalle Hires 6-Person Team Led by James Quinn — Add One
headquarters at 610 Lexington Avenue; and the 112,000-square-foot build-to-suit for the Federal Republic of Germany at 871 UN Plaza. Quinn has also overseen several large national projects, totaling in excess of 7 million square feet, for Level 3 Communications and Sprint Corp.
“Jones Lang LaSalle is a major global real estate force with an extensive suite of services and capabilities, and an excellent brand,” said Quinn. “I look forward to leveraging this platform to the benefit of my clients in the corporate sector.”
Patrick Heeg joins Jones Lang LaSalle as senior vice president. He has more than nine years of real estate brokerage and consulting experience. Heeg has represented numerous companies in consulting, leasing and sales transactions including The Trump Organization, Brookfield Properties, Fidelity Investments and The Federal Reserve Bank of New York. Recent assignments include advising Givaudan North America in its 200,000-square-foot North American headquarters relocation and advising Vinson & Elkins in conjunction with long-term evaluation of a 70,000 RSF obligation at 666 Fifth Avenue. Heeg was formerly a senior vice president at Trammell Crow.
Attorney Gary Youm joins Jones Lang LaSalle as vice president. He is experienced in legal real estate consulting, financial consulting and account management. Prior to Jones Lang LaSalle, Youm was a vice president at Trammell Crow. He is member of the New York State Bar Association.
The other members of the Quinn team are: Gladys Cabrera, transaction coordinator, whose responsibilities include project administration, quality control and best practices; Brian Crockett, associate, who assists the group with new business development, tenant representation and agency representation; and Denise Rudert, senior administrative assistant, who provides marketing and administrative support and serves as the team’s coordinator.
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE: JLL), the only real estate money management and services firm named to FORTUNE magazine’s “100 Best Companies to Work For” and Forbes magazine’s “400 Best Big Companies,” has approximately 150 offices worldwide and operates in more than 450 cities in over 50 countries. With 2006 revenue of more than $2.0 billion, the company provides comprehensive integrated real estate and investment management expertise on a local, regional and global level to owner, occupier and investor clients. Jones Lang LaSalle is an industry leader in property and corporate facility management services, with a portfolio of more than 1 billion square feet worldwide. In the New York area, Jones Lang LaSalle provides leasing and management services for nearly 45 million square feet of commercial real estate. For more information, visit http://www.joneslanglasalle.com.