News

TORONTO (July 26, 2021) — LaSalle Investment Management (“LaSalle”) announced that its flagship core real estate fund in Canada, LaSalle Canada Property Fund (“LCPF” or “the fund”), expanded its portfolio with the acquisition of the Greater Toronto Area Logistics Portfolio (“GTA Portfolio”).

CHICAGO (July 21, 2021) — LaSalle Investment Management (“LaSalle”) announced that it has acquired Altis Grand at the Preserve, a newly-constructed, Class A multifamily property in the Tampa suburb of Odessa, Florida. LaSalle purchased the 350-unit property on behalf of a separate account client. The property was developed The Altman Companies, a Boca Raton Florida based real estate development company.

LONDON (July 12, 2021) — LaSalle has reorganised its European operations in order to deliver a pan-European offering to institutional investors that are seeking a more integrated approach to the acquisition, management and divestment of assets.

MADRID (July 01, 2021) — LaSalle has acquired NH Collection Gran Hotel Calderon located on Ramblas Catalunya in the Ensanche district of Barcelona. The hotel has been purchased from NH Group SA on behalf of Encore+, LaSalle’s flagship pan-European fund (“the Fund”).

CHICAGO (June 30, 2021) — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with $3.7 billion in portfolio assets advised by LaSalle Investment Management, today announced the acquisition of Louisville Airport Distribution Center, a nearly 284,000-square-foot, newly constructed Class A industrial property located in the Southside/Airport industrial submarket, Louisville’s top location for industrial properties. The purchase price was $32.1 million. This acquisition is JLL Income Property Trust’s second in Louisville after purchasing the Louisville Distribution Center earlier this year.

CHICAGO (June 24, 2021) — LaSalle Investment Management (“LaSalle”) is pleased to announce it has been named the 2021 Corporate Wesbury Award winner by the American Red Cross’s (“Red Cross”) Greater Chicago Chapter. The award recognizes those who enhance the visibility of the Red Cross by helping deliver their services and messages of health, safety and preparedness.

TORONTO (June 17, 2021) — LaSalle Investment Management (“LaSalle”) announced that 275 Slater Street, a downtown Ottawa property in its flagship core real estate fund in Canada, LaSalle Canada Property Fund (“LCPF” or “the fund”), earned the prestigious LEED® Platinum v4.1 Certification for Operations and Maintenance. LEED Platinum is the highest distinction for sustainable buildings on the Leadership in Energy and Environmental Design (LEED) Certification Green Building rating system. The system is recognized globally as an indicator of sustainability achievement and leadership. To achieve LEED Platinum, buildings must receive a high score in key areas that measure environmental impact.

LONDON (June 09, 2021) — LaSalle is delighted to announce another letting at Sixty London Wall, the 10-storey office-led development in the City of London, acquired on behalf of The California State Teachers’ Retirement System (‘CalSTRS’).

MADRID (May 13, 2021) — LaSalle has acquired the Villaverde Logistics Portfolio, comprising two new state-of-the-art logistics development projects located in Villaverde, a southern district of Madrid. The developments are targeting a BREAM Excellent sustainability standard. The developments, located  at Calle San Dalmacio 17 and Avenida Real de Pinto 83 logistics parks, have been acquired via a forward funding agreement from Engel & Völkers Development Spain, part of Engel & Völkers Group, on behalf of Encore+, LaSalle’s flagship pan-European fund (“the Fund”). Completion of the two developments, which are being delivered by their former owner, is scheduled for Q1 2023.

CHICAGO (May 12, 2021) — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $3.6 billion in portfolio assets and 86 properties advised by LaSalle Investment management, announced today the acquisition of Princeton North Andover, a 192-unit, luxury apartment community in the affluent north-Boston suburb of North Andover, Massachusetts. The purchase price was $72.5 million.