NEW YORK CITY — Jones Lang LaSalle has hired Philip Palmer as an executive managing director at its New York City office, where he will be responsible for the management of the office’s brokerage operation, supervising more than 100 brokers.
Palmer, 50, has more than 25 years of experience in sales and sales leadership, with particular expertise in sales strategy, training, management and professional development. Palmer will report to Jones Lang LaSalle’s tri-state leadership team: Peter Riguardi, president of New York Tri-state region; Stephen Schlegel, chief operating officer of New York Tri-state region, and Raymond Quartararo, director of business development.
In his role as broker lead, Palmer will manage the day to day operations of JLL’s NYC brokerage business, develop a growth strategy for the business and lead recruiting efforts to support that strategy.
“Phil brings critical experience and skill to Jones Lang LaSalle at a time when our brokerage operations are expanding significantly,” said Riguardi. “His expertise will help to develop our younger brokers, streamline existing transactions and coordinate brokerage services across the firm’s different business lines.”
Palmer joins Jones Lang LaSalle from CBRE, where he was managing director of the firm’s Midtown Manhattan brokerage division. Prior to joining CBRE in 2009, Palmer was Vice President of Eastern Sales for Quebecor World, Inc., managing the Eastern region sales force. Palmer began his career in 1988 with RR Donnelley, selling commercial printing services to book and magazine publishers. Palmer is a member of the Real Estate Board of New York and a Program Committee Member of New York’s Urban Land Institute.
Jones Lang LaSalle 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.