LaSalle currently has $21 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
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
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.
San Francisco, CA
This property is a core residential property in a highly-rated Target Market. It is excellently located in SoMa (South of Market Street) good access to public and ferry transportation. The property has ground level retail space 100% occupied by Whole Foods on long-term lease, an outstanding amenity for the building. In addition, there is strong upside potential through upgrading of common areas and units.
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.
San Francisco, CA
Bay Street is an open-air lifestyle center located at the foot of the San Francisco Bay Bridge. The acquisition represented a component of a larger mixed-use development including apartments and residential condominiums. The investment strategy implemented value-add initiatives including strengthening tenancy, maximizing parking income and the development of a vacant land parcel.
Fremont, CA
The Crossings@880 industrial development was delivered in 2015 and comprised of three warehouses totaling 700,000 sq ft of Class A features. The site serves distribution and technology tenants in a market that is supply constrained and dominated by older product. The site’s major highway frontage provides excellent access for tenants and in a location accessible to the San Jose, East Bay and Greater San Francisco markets. The property was 100% leased prior to construction completion to three tenants, including Apple, at rents significantly above underwriting.
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.
Portland, OR
Marine View is a 154,000 SF Class A industrial development located in the Northeast Submarket of Portland. The Class A asset delivered late in 2017 and was 62% pre-leased for 10 years to one tenant at above underwritten rents. The asset’s central location in the Portland MSA, proximity to the airport and highway connectivity make it an ideal location for tenants.
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.
Connect with me
27 years at LaSalle
Joined in August 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.
Connect with me
3 years at LaSalle
Joined in August 2017
Brad Gries is Head of US Transactions for LaSalle, a position he assumed in August, 2017. He leads a team of acquisitions and dispositions professionals that are responsible for sourcing, underwriting and executing new investments and asset sales across the US. He also serves on both the LaSalle Americas Investment Committee, and the LaSalle Americas Board. 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, while helping to introduce sophisticated global investor clients with large U.S. investment opportunities.
Prior to joining LaSalle, Brad held leadership positions over the course of a 16-year career with Deutsche Asset Management, Americas Real Assets (“RREEF”), 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 US, including investments in all property types and throughout the risk spectrum. Before RREEF, Brad held analyst and consultant positions at MB Real Estate and Arthur Anderson.
Brad earned a BA in Economics from the University of Illinois.
Connect with me
5 years at LaSalle
Joined in June 2015
Kristy Heuberger is an International Director at LaSalle and is the Head of US Asset Management, as well as a member of LaSalle’s Americas Board. Kristy leads the asset management function across LaSalle’s US real estate platform, responsible for developing and executing asset level strategies and driving active asset management. Kristy is also a member of 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.
Connect with me
35 years at LaSalle
Joined in August 1985
Jim Hutchinson is the Chairman of the LaSalle Income & Growth Funds, the firm’s flagship US value-add fund series. From 1985 until starting the fund series in the late 1990’s, Jim was a member of the firm’s acquisition group with responsibility for a variety of property types and regions. Jim is also a member of the North American Private Equity Investment Committee.
Prior to joining LaSalle, Jim was a senior manager in the Audit Division of Deloitte & Touche in Chicago.
Jim earned his MBA from Indiana University and a BA in mathematics from Brown University.
Wade Judge is the Chief Investment Officer of LaSalle’s North American Private Equity business and Chairman of LaSalle’s Americas Investment Committee. He also serves as the Fund President for LaSalle Property Fund, the firm’s US open-end vehicle, and Senior Account Executive for some of LaSalle’s major separate account clients. Prior to assuming these responsibilities, Wade was responsible for directing the Acquisitions group’s office, industrial, retail and residential investments throughout the US for approximately 10 years.
Prior to joining LaSalle, Wade worked for the Chairman of JLL and later managed the firm’s Development Group. Before joining JLL, he was a loan officer with Brown Brothers Harriman & Co in New York City.
Wade earned an MBA from Stanford University and a BA from Dartmouth College.
Connect with me
26 years at LaSalle
Joined in January 1994
Lisa Kaufman is Chief Executive Officer of LaSalle Investment Management 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 CEO, 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 CEO 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.
Connect with me
7 years at LaSalle
Joined in July 2013
Jason Kern joined LaSalle Investment Management in July 2013 as the CEO of the Americas and is a member of the Global Management Committee and North American Investment Committee. He oversees all investment activities and personnel in the Americas.
Prior to joining LaSalle, Jason founded and led HSBC Asia Pacific Real Estate. He has worked with Asia’s leading investors, advising on high-profile IPOs, and has overseen equity and bond issues, private equity raises and asset acquisitions and sales, with total transaction volume exceeding $50 billion. Prior to HSBC, he spent 17 years at J.P. Morgan, mainly in senior roles within the real estate investment banking team across the U.S., UK, Continental Europe and Hong Kong.
Jason is a member of the Board of Directors of both the National Association of Real Estate Investment Managers (NAREIM) and the Association of Foreign Investors in Real Estate (AFIRE).
Jason earned an MBA from New York University’s Stern School of Business and a BA from Colgate University.
Connect with me
15 years at LaSalle
Joined in August 2005
Rich Kleinman is a Managing Director with LaSalle’s Research & Strategy team. He assists in developing investment strategies for clients, assesses market conditions associated with specific investment decisions, develops office market forecasting tools and monitors capital market conditions.
Prior to joining LaSalle in 2005, he worked at the Initiative for a Competitive Inner City and as a Strategy Consultant at the Monitor Group in Cambridge, Massachusetts, and Melbourne, Australia.
Rich has spoken at conferences held by the Real Estate Research Institute, ULI, and National Council of Real Estate Investment Fiduciaries, has published articles in the PREA Quarterly and contributed to the PWC/Urban Land Institute Emerging Trends Publication. He is currently co-chair of the NCREIF Research Committee. Rich received a master’s degree in Urban Studies from the London School of Economics and a BA in Economics and American Studies from Williams College.
Connect with me
16 years at LaSalle
Joined in April 2004
Joe Munoz is the Chief Investment Officer for the Income & Growth Funds, LaSalle’s flagship US value-add fund series and the President of Income & Growth Fund VIII. He is responsible for fund investment strategy and execution of investments, joint ventures and financings. Prior to joining the Income & Growth Fund team, Joe was a member of LaSalle’s Acquisitions Group. Since joining the firm in 2004, Joe has completed more than $5 billion in property transactions.
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.
