Brad Gries to Join LaSalle as Head of U.S. Acquisitions
CHICAGO (June 12, 2017) – LaSalle Investment Management (“LaSalle”) is pleased to announce that Brad Gries will join the firm as its Head of U.S. Acquisitions, effective August 18, 2017. Mr. Gries will be based in LaSalle’s Chicago global headquarters, and will oversee a team of 20 industry-leading acquisitions professionals that are responsible for sourcing, underwriting, and executing new investments across the U.S. He will serve on the LaSalle Americas Investment Committee, the LaSalle Americas Management Board, and the LaSalle U.S. Allocations Committee, and will report to LaSalle Americas CEO Jason Kern.
In addition to developing and leading the U.S. Acquisitions group, Mr. Gries will be an active participant in the firm’s capital raising efforts, and will focus on continuously elevating investment performance for LaSalle’s clients. As a senior member of LaSalle Americas, Brad will be directly involved in the formation and successful execution of joint ventures and large portfolio transactions, while helping to introduce sophisticated global investor clients with large U.S. investment opportunities.
Since 2013, LaSalle Americas has completed more than $10 billion of acquisitions, dramatically enhancing the company’s growth and AUM profile. LaSalle’s U.S. Acquisitions Officers average more than 20 years’ experience, with broad deal networks that span sectors and markets, leading to on and off-market opportunities across the risk spectrum.
Jason Kern LaSalle Americas CEO, said: “We are very excited to welcome Brad to this pivotal role at LaSalle during an important period of growth for our regional and global business. His deep understanding of the U.S. property markets and proven track record, both as an investor and a leader, will be a key driver of growth and performance for our current and prospective clients. I also personally look forward to adding Brad to my senior leadership team and am confident that he will be a great fit with LaSalle’s strong culture of collaboration and client service.”
Mr. Gries brings with him more than 20 years of industry experience to LaSalle. Most recently, he spent 16 years with Deutsche Asset Management, Americas Real Assets (“RREEF”) in a variety of leadership roles, culminating as Managing Director, Real Estate Transactions. In this role, he led the acquisition team responsible for new investment initiatives in the Central and Southeast U.S., including investments in all property types and throughout the risk spectrum.
Brad Gries, Head of U.S. Acquisitions, commented: “I am thrilled to be joining LaSalle and taking on a role that will afford me the opportunity to work with some of the highest-performing and well-respected investment professionals in our industry. I look forward to leveraging my experience to develop and drive strategies that will enable sustained growth and prosperity for LaSalle and its clients.”
About LaSalle Investment Management
LaSalle Investment Management is one of the world’s leading real estate investment managers with approximately $58 billion of private and public equity and private debt investments under management of all LaSalle Investment Management affiliates. LaSalle Investment Management’s diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle Investment Management affiliates sponsor a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. LaSalle Investment Management affiliates are wholly-owned, operationally independent subsidiaries of Jones Lang LaSalle Incorporated (NYSE: JLL), one of the world’s largest real estate companies. For more information please visit www.lasalle.com.
This press release does not constitute an offer to sell, or the solicitation of an offer to buy any interests in any product offered by LaSalle Investment Management, Inc., or for the advisory services of LaSalle Investment Management, Inc., in any jurisdiction where prohibited by law or where contrary to local law or regulation. Any such offer to invest, if made, will only be made by means of a private placement memorandum. Past performance is not indicative of future results.