STAMFORD, CT — Jones Lang LaSalle has hired Nigel Light as a vice president with its Project and Development Services group. Based out of the firm’s Stamford, Conn., office, Light will lead JLL’s Quantity Surveying/Cost Management team in the Northeast and support the growth of JLL’s project management efforts in the higher education, retail, health care, corporate interiors, infrastructure and critical systems sectors.
Light, 54, has more than 30 years of experience in commercial real estate, assisting clients with quantity surveying, budgeting, cost control, cash flow forecasting and financial reporting. He is an expert at optimizing development costs on a wide variety of projects by estimating the cost of labor and materials prior to start of construction.
“Jones Lang LaSalle has a highly regarded Quantity Surveying/Cost Management practice in Europe,” said George Ladyman, managing director and head of JLL’s PDS group in the Northeast. “Quantity surveying has historically been a European-based cost-control system for construction projects, but a growing number of U.S. firms are asking for the service. We now have the internal resources here in the Northeast to benchmark costs and estimate project expenses for clients seeking to reduce the expense of construction. JLL’s Quantity Surveying/Cost Management group provides a single point of contact offering continuous budget control on a project from concept to close out.”
“Quantity surveying is an extremely detailed means of cost control that drills down to the cost of wages and labor, nuts and bolts, lumber and concrete to estimate the cost of a contract at the very early stages of a new development,” said Light. “Developers can make key decisions prior to the launch of a project based on an exhaustive breakdown of prices, feasibility, constructability, the premium costs of location and schedule, and any deviations from established workplace standards. Quantity surveying ensures that a developer is paying the right price for a project and not bearing unnecessary costs resulting from over-design, space inefficiencies and short life-cycle components.”
Prior to joining JLL, Light served as pre-construction manager for KBE Building Corp, where he managed all aspects of the process prior to the start of construction. Earlier, he was chief estimator for Walsh Brothers in Boston, Mass., where he oversaw a team of 11 professionals. Before that, Light was the chief estimating engineer for Turner Construction Co.’s special projects and interiors division in Milford, Conn. Previously, he served as senior estimating engineer for Turner Construction Co. Light’s first position in the United States was sales engineer for United Millwork in New Haven, Conn., where he designed and contracted custom, high-end architectural millwork.
Prior to emigrating to the United States in 1996, Light served as technical manager for Schachat Cullum (Pty) Ltd. in South Africa, where he supervised the design, estimating, buying and contracting departments for the residential developer. Earlier, he was a freelance quantity surveyor/estimator, working on projects for Q.S. Associates in Johannesburg. Before that, Light was a contract quantity surveyor/estimator with Murray and Roberts in Swaziland, and a contract quantity surveyor/chief buyer with the LTA Group of Companies in South Africa.
Light earned a higher national diploma for building surveyors at Cape Technikon in Cape Town, South Africa. He recently received advanced instruction in risk management and sustainable construction.
Light is a member of the Nutmeg Chapter 60 of the American Society of Professional Estimators. He recently completed the society’s certification program and was designated as a certified professional estimator, or CPE. Light is a past associate member of the Architects and Surveyors Institute of the United Kingdom.
At Cape Technikon, Light was chairperson of the Building and Architecture Department’s Students Committee and served as the department’s representative to the Students Representative Council.
Light previously taught basic estimating and bidding at a construction management school for minority- and woman-owned business entities.
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.