PARSIPPANY, NJ — Jones Lang LaSalle has hired Daniel Breen as an executive vice president at its Hasbrouck Heights, N.J., office. Breen will lead the firm’s business and economic incentives practice throughout the Northeast, focusing on the New York metropolitan area with an emphasis on the New Jersey market.
Breen, 48, has more than 15 years of experience in commercial real estate, assisting clients to identify, negotiate and secure tax and financial credits and incentives. Breen is adept at the development of financial and tax analyses that allow clients to optimize their opportunities.
“With the recent approval of the Economic Opportunity Act, New Jersey has a powerful tool for business attraction and development,” said Robert Kossar, executive managing director and market director for JLL’s New Jersey and Long Island operations. “The new measure refined the state’s existing program, broadening its scope and reach. More companies than ever before are poised to take advantage of the opportunities the legislation has made available. Dan Breen will serve a key role for JLL in matching the needs of businesses with appropriate economic incentives not only in New Jersey, but across the entire Northeast.”
Prior to joining JLL, Breen served as a director and Northeast region practice leader at Grant Thornton LLP, overseeing its credits and incentives practice. Earlier, he was a director and national practice leader with ADP Inc., supervising the firm’s national economic development services unit. Before that, he was a director and New York metro region practice leader with PricewaterhouseCoopers LLP, leading its state and local tax credits, site location and incentives practice.
Breen previously worked for industrial, service and retail concerns, most recently at The BOC Group Inc. (now d.b.a. Linde), where he served as the firm’s U.S. tax attorney and economic development officer.
Breen received a bachelor’s degree in accounting from the University of Scranton, a juris doctorate from Rutgers University School of Law and a master’s degree in taxation from New York University School of Law. He is a member of the State Bar of New Jersey and a certified public accountant in New York and New Jersey.
Breen has presented at numerous conferences and symposiums on taxation and economic development, most recently at the IPT Credits & Incentives Symposium in Dallas. He has authored published articles on issues relating to credits and incentives. His most recent article, on “re-shoring” by financial services firms, was published in the Journal of State Taxation in November 2012.
He is active in his community, coaching travel soccer and other youth sports. Breen is a member of the Hanover Township Economic Development Advisory Committee, the Hanover Township Board of Adjustment and the Board of Directors of Hanover Hockey.
JLL is a leader in the New York tri-state commercial real estate market, with more than 1,600 of the most recognized industry experts offering brokerage, capital markets, property/facilities management, consulting, and project and development services. In 2012, the New York tri-state team completed approximately 23.8 million square feet in lease transactions, arranged capital markets transactions valued at $1.57 billion, managed projects valued at nearly $7.0 billion, and oversaw a property and facilities management portfolio of 102.1 million square feet and an agency leasing portfolio of 76.0 million square feet.
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 2.6 billion square feet and completed $63 billion in sales, acquisitions and finance transactions in 2012. Its investment management business, LaSalle Investment Management, has $46.7 billion of real estate assets under management. For further information, visit www.jll.com.