LaSalle currently has $22.9 billion of assets under management in the Americas, with $19.4 billion in the U.S. We have over four decades of experience investing in real estate across major markets and sectors. LaSalle has over 250 employees in seven offices spanning the country, all dedicated to building trust and providing superior investment performance for our clients.
333 West Wacker Drive
Suite 2300
Chicago, IL 60606
United States
+1 312 897 4000
+1 312 897 4001
3344 Peachtree Road, NE
Suite 1200
Atlanta, GA 30326
United States
+1 404 995 2100
+1 404 995 2123
100 East Pratt Street
20th Floor
Baltimore, MD 21202
United States
+1 410 878 4800
+1 410 878 4812
2141 Rosecrans Avenue
Suite 6100
El Segundo, CA 90245
United States
+1 424 294 3400
330 Madison Avenue
New York, NY 10017
United States
+1 212 812 5700
+1 212 421 3544
8910 University Center Lane
Suite 100
San Diego, CA 92122
United States
+1 858 410 1200
+1 858 410 1201
One Front Street
Suite 1100
San Francisco, CA 94111
United States
+ 1 415 395 4900
+ 1 415 421 7736
Data as of Q1, 2021. Source: LaSalle
Throughout the U.S. we offer a variety of investment strategies including separate accounts, commingled funds and co-investment programs to help clients take advantage of market opportunities in order to meet their return objectives.
LaSalle Property Fund is LaSalle’s flagship U.S. core open-ended commingled fund. The Fund seeks to acquire a diversified portfolio of stabilized real estate and real estate-related assets (including interests in joint ventures) located in the U.S. that will provide attractive, risk-adjusted income returns with the potential for superior long-term capital growth. The Fund executes its strategy via a disciplined application of Research-driven analyses of the market and property sector opportunities across the U.S.
Nashville, TN
This property is a mixed-use complex consisting of complementary retail and medical office uses. The property has a strong anchor tenant, Vanderbilt University Medical Center (A), on a long-term lease. In addition to Vanderbilt University Medical Center, One Hundred Oaks has a diverse tenant roster which yield strong cash returns. The property is newly developed center with a new façade, systems and common areas.
New York, NY
This property is in an excellent location in Midtown south, a highly rated target market and a rare opportunity to acquire a modern building in Manhattan with efficient floor plates and high ceilings. The property has office, retail and parking components that offer a diverse income stream. 610 Broadway is leased to a strong roster of tenants including Adidas' flagship store in New York.
The LaSalle Income & Growth Funds invest in high quality, but underperforming multifamily, office, industrial and retail properties across the US. The Funds primarily acquire existing income producing properties, improve them through hands-on asset management and sell to core investors. By focusing on the acquisition of existing buildings, the Funds seek a significant income component to underpin the value added total returns. The Funds also invest in ground up development projects in certain strategies.
Since 1996 the team has raised and invested seven funds, of which five are fully liquidated. The experienced and dedicated Fund team, leveraging the overall LaSalle platform, seeks to optimize risk adjusted returns for its investors by predominantly investing through direct ownership of properties, though the Fund also invests alongside joint venture partners in specific situations.
Chicago, IL
123 N Wacker is situated in an ideal office location with excellent access to public transportation and amenities within the West Loop submarket. The property presents significant value creation opportunities through capital expenditures and lease up that was not possible under previous ownership due to capital constraints. The Income & Growth team has made significant progress to date on implementing their renovation and repositioning initiatives.
Los Colinas, TX
Alesio Urban Center is a 19-building residential property consisting of 908 units and 51,000 square feet of commercial space. The property is favorably located within the Dallas Fort Worth area, has strong highway and light-rail access to both the airport and Dallas CBD. The Income & Growth team recognized an opportunity to transform a significantly undermanaged asset and restore the property to Class A condition. The enhancements being delivered to the property are further complemented by new amenities and infrastructure upgrades in the neighborhood.
LaSalle’s Custom Accounts are separate account investment vehicles managed on behalf of the firm’s largest investors. Investment strategies and structures are flexible and tailored to client objectives, and can include core diversified portfolios, value-add and build-to-core single or multiple sector strategies, niche sector vehicles, and joint ventures. Dedicated Custom Accounts Portfolio Managers are responsible for partnering with our clients and developing a specific investment plan guided by LaSalle’s Research & Strategy team industry-leading forecasts and proprietary analysis tools. The following elements of an investment program can be customized: property types, investment size, geography, risk profile, leverage, and level of investor control.
Washington, DC
2020 K is a 412,000 square foot office building with ground floor retail located in Washington, DC’s CBD submarket. With an irreplaceable location near The White House, State Department and George Washington University, the property features a diverse tenant roster including Gensler, JLL and Huron Consulting and recently underwent a lobby renovation. Additional amenities including an expanded fitness center and state-of-the-art conference facility are currently being added to the lower level, all scheduled for completion in 2018. These improvements will position the building to continue to attract and retain tenants and drive the property’s strong performance.
Huntington Beach, CA
Elan Huntington Beach is a 274-unit, luxury residential asset with 8,000 square feet of ground floor retail. The property is located along the main thoroughfare in Huntington Beach with proximity to retail and dining options as well as easy access to nearby job centers. The high quality construction and excellent core location, combined with limited future development opportunities in the market, make Elan an attractive long-term hold.
Chicago, IL
Blackhawk at Halsted is a 224,204 square foot mixed use project in the affluent Lincoln Park neighborhood. Due to the high profile location, the property serves a broad spectrum of tenancy. The building is anchored by several of the top healthcare providers in the city (including Northwestern and Advocate Health) and complimented with education, retail and parking components. This asset is just a few blocks away from the North and Clybourn retail district (one of the largest outdoor retail nodes in the nation) and is surrounded by multiple recent residential and retail developments. The building was constructed in 2009 with a modern design that allows the property the flexibility to adapt and evolve as tenant demands change over time.
JLL Income Property Trust is a non-listed, daily valued perpetual life real estate investment trust (REIT) that gives investors access to a growing portfolio of commercial real estate investments selected by LaSalle Investment Management, as advisor, and sponsored by JLL.
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29 years at LaSalle
Joined in July 1993
Jim Garvey is the Portfolio Manager for LaSalle Property Fund, the firm’s open-ended flagship US core fund and also the largest commingled fund managed by the company. Before his current role, Jim served as co-head of Acquisitions, where he oversaw greater than $10 billion in direct acquisitions and joint venture investments. Before joining the Acquisitions group, he served as a Portfolio Manager, managing a separate account that included both direct ownership and joint venture interests.
Prior to joining LaSalle in 1993, Jim was a Partner with Hamilton Partners, a regional real estate development firm headquartered in Chicago. He also worked in leasing and development for the Trammell Crow Company.
Jim earned his MBA from the Wharton School of the University of Pennsylvania and a BSBA in Finance from John Carroll University. He is a member of both Urban Land Institute and Pension Real Estate Association and is CFA registered.
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5 years at LaSalle
Joined in July 2017
Brad Gries is LaSalle’s Co-Head of the Americas, a role he assumed March 31, 2021. Together with his counterpart Kristy Heuberger, Brad is responsible for all personnel, operational and portfolio management across the region. He is a member LaSalle’s Global Management Committee and reports to Global CEO Mark Gabbay.
Brad also maintains oversight as LaSalle’s Head of US Transactions and Americas Co-CIO. He leads a team of 20 transactions professionals that are responsible for sourcing, underwriting and executing new investments as well as dispositions across North America. As Co-CIO, he chairs the LaSalle Americas Investment Committee and helps formulate investment strategy for the firm. Brad is an active participant in the firm’s capital raising efforts and is directly involved in the formation and execution of joint ventures and large portfolio transactions.
Prior to joining LaSalle, Brad held leadership positions over the course of a 16-year career with the real estate investment arm of DWS, most recently serving 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. Before DWS, Brad held analyst and consultant positions at MB Real Estate and Arthur Anderson.
Brad earned a BA in Economics from the University of Illinois.
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7 years at LaSalle
Joined in May 2015
Kristy Heuberger is LaSalle’s Co-Head of the Americas, a role she assumed March 31, 2021. Together with her counterpart Brad Gries, she is responsible for all personnel, operational and portfolio management across the region. She is a member of LaSalle’s Global Management Committee and reports to Global CEO Mark Gabbay.
Kristy also maintains oversight as LaSalle’s Head of US Asset Management, where she leads the team responsible for developing and executing asset level strategies and driving active asset management. Kristy is a member of JLL Income Property Trust’s Board, a member LaSalle’s Growth Through Inclusion Board, and chairs the Americas Data & Technology Strategy Committee.
Kristy has over 21 years of real estate experience including equity asset management, debt structuring/originations, debt workouts, operations, marketing/market segmenting, and process improvement. Prior to joining LaSalle, she held several leadership roles with GE Capital, including leading the Central Region Originations and US Equity Asset Management groups and as Chief Marketing Officer for the North American region.
Kristy earned a MBA in Finance and Economics from the University of Chicago and a BS in Accounting from Indiana University. She also holds a Six Sigma Master Black Belt certification
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28 years at LaSalle
Joined in January 1994
Lisa Kaufman is Head of Global Securities, responsible for overall group management and a Portfolio Manager of U.S. accounts and the Global Specialty Sector. In her role as the Securities division head, she is a member of the Global Management Committee of LaSalle Investment Management. Ms. Kaufman also serves on the Global Securities Advisory Committee and the Portfolio Management Oversight Committee of LaSalle Securities
Ms. Kaufman joined LaSalle in 1994 and the Securities group in 1998. Throughout her career in real estate securities, Ms. Kaufman has covered and analyzed all property types in the listed universe. In 2016, Ms. Kaufman became the Portfolio Manager for North America and she continues to manage all US-only mandates. Most recently, Ms. Kaufman has expanded her portfolio manager role to include ex-US companies in specialty sectors such as storage, student accommodation and healthcare. In addition to her growing investment coverage, Ms. Kaufman expanded her managerial duties and became the Head of the Securities platform in 2018. Prior to joining the Securities group in 1998, Ms. Kaufman worked in LaSalle’s private equity group where she focused on entity level investments in real estate, recapitalizing existing portfolios, private real estate companies and public REITs.
Lisa received an M.B.A in finance from Columbia University’s Business School and an A.B. in Urban Studies and Political Science from Brown University. Ms. Kaufman is a member of the Advisory Board of Governors and the Real Estate Investment Advisory Council (REIAC) at Nareit.
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17 years at LaSalle
Joined in July 2005
Rich Kleinman is Head of LaSalle's U.S. Research and Strategy group and serves as Co-Chief Investment Officer for the Americas. He serves on the Americas Investment Committee and is the lead representative of the Research and Strategy team for several LaSalle funds and separate accounts.
In this capacity he works with the Research and Strategy team in to developing investment strategies for clients, formulating a House View on the real estate market outlook, assessing market conditions associated with specific investment decisions, and monitoring capital market conditions. He helps represent LaSalle’s US market views and research process to clients and consultants.
He has spoken at the Real Estate Research Institute (RERI), Urban Land Institute, and NCREIF Conferences, published in the PREA Quarterly, and contributed to the PWC/ULI Emerging Trends Publication. Mr. Kleinman earned at BA in Economics and American Studies from Williams College and a Masters Degree in Urban Studies from the London School of Economics. He is a past Co-chair of the NCREIF Research Committee and is currently on the NCREIF Board of Directors.
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18 years at LaSalle
Joined in March 2004
Joe Muñoz is responsible for the strategy, operations, investor relationships and investment activities of the LaSalle Value Partners US Series. Since joining the firm, he has completed over $8 billion in transactions across property types and has also held roles where he was responsible for asset management, financings, dispositions and capital formation. Mr. Muñoz is based in Chicago and a member of LaSalle’s Americas Investment Committee and Management Board.
Joe has an MBA from the Kellogg School of Management at Northwestern University and a BA in Economics from the University of Pennsylvania.
Dan Witte is the Chief Investment Officer of LaSalle Global Partner Solutions and oversees a series of co-investment and joint venture vehicles, with a broad history of investment experience including structured equity, development and operating joint ventures, distressed debt, recapitalizations, senior and junior loans and public securities.
Dan serves on the North American private equity Investment Committee and the North American private equity Advisory Board. He joined LaSalle in 1992 in the Acquisitions group where he served until 2006.
Dan received an MBA from Northwestern University’s Kellogg Graduate School of Management and a BS in Finance with highest honors from the University of Illinois.
LaSalle offers a diverse range of investment vehicles to help clients take advantage of market opportunities and meet their return objectives.
