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  • June 23, 2017

    LaSalle and L3 Capital Acquire Mixed-Use Asset in Boston’s Downtown Crossing

    Off-market transaction offers substantial upside to reposition high-street building on the busiest pedestrian traffic block in New England

    CHICAGO (June 22, 2017) – LaSalle Investment Management (“LaSalle”), announced that its U.S. value-add fund LaSalle Income & Growth Fund VII (“Fund VII”) has closed on the acquisition of a majority equity interest in 399 Washington Street (“DTX399”), a 77,000-square-foot mixed-use property that spans six stories in the vibrant Downtown Crossing submarket of Boston’s CBD.

  • June 12, 2017

    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.

  • June 11, 2017

    LaSalle Investment Management Secures Second Fortitude Valley Approval

    BRISBANE (June 12, 2017) – LaSalle Investment Management’s visionary plans to transform Fortitude Valley’s neglected heart are a step closer, with Brisbane City Council (BCC) approving a 30-storey apartment project fronting Alfred Street. The approval for 207 apartments comes just weeks after BCC approval of a 23-storey commercial tower nearby, on the corner of Alfred and Constance Streets. 

  • May 25, 2017

    Strong Momentum for LaSalle Debt Investments & Special Situations team

    LONDON (May 25, 2017) LaSalle is pleased to announce that its European Debt Investments & Special Situations business has had a strong first half to 2017 and has raised nearly £600 million across its debt strategies platform.

  • May 25, 2017

    LaSalle Income & Growth Fund VII Attracts Major Investment From Asian Institutional Investors

    HONG KONG (May 25, 2017) – Institutional investors from Korea and Japan are, for the first time, investing in LaSalle Investment Management’s latest U.S. value-add real estate fund, LaSalle Income & Growth Fund VII (the “Fund”). Korea Teachers Pension has committed US$50 million to the global real estate investment manager’s U.S. flagship value-add, closed-end real estate fund series, alongside a Japanese institutional investor. 

  • May 24, 2017

    Report: U.S. Commercial Real Estate Market Yet to Feel Significant Change under New Administration

    President Trump’s policy proposals are undergoing lengthy legislative alterations, delaying discernible shifts in the commercial real estate landscape

    CHICAGO (May 24, 2017) – President Donald Trump’s election coincided with a slowdown in real estate demand and returns in late 2016 and into early 2017, as core real estate investment portfolios felt muted economic growth and higher interest rates in 2016, according to a recent report issued by LaSalle Investment Management’s Research & Strategy team.

  • May 16, 2017

    Chris Lawrence Joins LaSalle as Portfolio Manager of the Canadian Income & Growth Funds

    TORONTO (May 16, 2017) – LaSalle Investment Management (“LaSalle”) is pleased to announce that Chris Lawrence has joined the firm as its Portfolio Manager for the Canadian Income & Growth (CIG) funds, LaSalle’s flagship closed-end, value-add series in Canada, effective May 8, 2017. Since inception in 2003, the CIG series has raised four funds and invested a cumulative total of more than C$2 billion in real estate.

  • May 10, 2017

    LaSalle Secures Brisbane City Council Go-Ahead for Fortitude Valley Transformation

    BRISBANE (May 10, 2017) – The Brisbane City Council has approved plans for a new 23-storey commercial office tower next to the Fortitude Valley railway station in Brisbane, Australia, setting in motion the rejuvenation of a tired 7,000m2 site around the station. The commercial office tower is the first stage in LaSalle Investment Management’s transformation plans for the Valley area, unveiled last November, with the Fortitude Valley railway station sitting at the centre of an A$500 million master planned residential, retail and business hub. 

  • May 02, 2017

    LaSalle Completes Joint Venture Acquisition of Core Retail Development Site in Orlando

    CHICAGO (May 02, 2017) – LaSalle Investment Management (“LaSalle”), announced that it has entered into a joint venture with O’Connor Capital Partners, who will act as the operating partner, to develop Vineland Pointe, a 456,000-square-foot shopping center located in Orlando, Florida. LaSalle entered into this venture through its U.S. core open-end real estate fund, LaSalle Property Fund (LPF).

  • April 03, 2017

    LaSalle Completes Acquisition of Premier Mixed-Use Property in Downtown Minneapolis

    CHICAGO (April 3, 2017) – LaSalle Investment Management (“LaSalle”), announced that it has closed on the acquisition of Mayo Clinic Square, a 222,000 square-foot, Class-A mixed-use complex located directly adjacent to Target Center within the Warehouse District of the Minneapolis CBD.

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