News

TORONTO (May 26, 2022) — LaSalle Investment Management (“LaSalle”) announced its flagship core real estate fund in Canada, LaSalle Canada Property Fund (“LCPF” or “the fund”), expanded its portfolio through a joint venture acquisition of 21 mid-bay industrial properties in the Greater Toronto Area (“GTA”) in partnership with an international capital source. The properties total nearly 810,000 square feet and are strategically located in the Mississauga industrial node, the premier submarket for servicing Canada’s largest city and just a short drive to Pearson International Airport. LCPF is participating in the acquisition through its value-add sleeve.

CHICAGO (May 05, 2022) — LaSalle Investment Management (“LaSalle”) is proud to announce that it has received the 2022 ENERGY STAR® Partner of the Year Award from the U.S. Environmental Protection Agency and the U.S. Department of Energy for the fourth consecutive year.

BERLIN (May 05, 2022) — LaSalle Investment Management (“LaSalle”) has completed the acquisition of ‘Lacus Quartier’ in Berlin on behalf of the pan-European LaSalle E-REGI fund.

CHICAGO (May 02, 2022) — LaSalle Investment Management (“LaSalle”) is pleased to announce Allie Levy, an industry veteran with more than 15 years of experience, has joined the firm as Senior Vice President, Debt Capital Markets Strategy & Execution.  

CHICAGO (April 27, 2022) — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with $6.3 billion in portfolio assets and advised by LaSalle, today announced the acquisition of Northeast Atlanta Distribution Center, a 458,000-square-foot, Class A industrial property strategically located in the Northeast Atlanta industrial submarket, one of the Atlanta metro’s top submarkets for industrial properties. The recently constructed, long-term leased, single-tenant warehouse was acquired for approximately $54 million.

CHICAGO (April 27, 2022) — LaSalle Investment Management (“LaSalle”) announced that its flagship core institutional real estate fund, LaSalle Property Fund (“LPF” or “the fund”), expanded its portfolio with the acquisition of Bellingham Distribution Center, a newly built, Class A industrial property in the Boston suburb of Bellingham, Massachusetts. The 345,000-square foot property delivered in 2021 and is fully leased to a single tenant.  LaSalle Investment Management (“LaSalle”) announced that its flagship core institutional real estate fund, LaSalle Property Fund (“LPF” or “the fund”), expanded its portfolio with the acquisition of Bellingham Distribution Center, a newly built, Class A industrial property in the Boston suburb of Bellingham, Massachusetts. The 345,000-square foot property delivered in 2021 and is fully leased to a single tenant. 

LONDON (April 27, 2022) — LaSalle Investment Management (“LaSalle”) is launching a €500m pan-European urban hotel aggregation strategy via a strategic partnership with NUMA Group, a leading European technology-driven alternative accommodation operator.

SINGAPORE (April 25, 2022) — LaSalle Investment Management (“LaSalle”) is pleased to announce it has earned the WELL Health-Safety Rating on 41 logistics and commercial properties in Asia Pacific through the International WELL Building Institute (“IWBI”). They include 8 properties in Australia, 16 properties in China, 16 properties in Japan and one property in Singapore.

LONDON (April 21, 2022) — LaSalle Investment Management (“LaSalle”) has acquired two prime outlet centres in the United Kingdom, McArthurGlen Designer Outlet Cheshire Oaks and McArthurGlen Designer Outlet Swindon, for £600m from Nuveen Real Estate.

CHICAGO (April 21, 2022) — JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $6.3 billion in portfolio assets and adcvised by LaSalle Investment Management, announced today the acquisition of Jefferson Lake Howell, a newly constructed, class-A apartment community in the northern Orlando suburb of Casselberry, Florida. This amenity-rich, lakefront, 384-unit garden-style apartment community was acquired for approximately $154 million.