Jones Lang LaSalle Selected by SunTrust for Integrated Facility Management
October 08 2009 - 11:01AM
PR Newswire (US)
16 million sq. ft. portfolio is located throughout eight states
CHICAGO, Oct. 8 /PRNewswire-FirstCall/ -- Jones Lang LaSalle, the
leading integrated financial and professional services firm
specializing in real estate, announced today that it was selected
by SunTrust Banks, Inc. (NYSE: STI), an Atlanta-based financial
holding company, to provide integrated facility management to its
16 million-square-foot portfolio located throughout Florida,
Georgia, Maryland, North Carolina, South Carolina, Tennessee,
Virginia and Washington, DC. "We are thrilled to have been selected
for this important assignment and to be associated with such a
respected financial institution," said Doug Sharp, Group Executive
of Jones Lang LaSalle. "SunTrust has an outstanding leadership team
in place and we look forward to helping them achieve greater
operational efficiencies across their entire portfolio."
"Consistent with our focus on improving efficiency, we were looking
for a company who could help us more effectively manage the
day-to-day tasks associated with our facilities operations," said
James P. Breen, Jr., Senior Vice President of SunTrust. "Jones Lang
LaSalle brings a talented team with the means and methods to
produce results, and we look forward to working with them." About
SunTrust SunTrust Banks, Inc., headquartered in Atlanta, is one of
the nation's largest banking organizations, serving a broad range
of consumer, commercial, corporate and institutional clients. As of
December 31, 2008, SunTrust had total assets of $189.3 billion and
total deposits of $113.4 billion. The Company operates an extensive
branch and ATM network throughout the high-growth Southeast and
Mid-Atlantic states and a full array of technology-based, 24-hour
delivery channels. The Company also serves customers in selected
markets nationally. Its primary businesses include deposit, credit,
trust and investment services. Through various subsidiaries the
Company provides mortgage banking, insurance, brokerage, investment
management, equipment leasing and capital markets services.
SunTrust's Internet address is suntrust.com. About Jones Lang
LaSalle Jones Lang LaSalle (NYSE:JLL) is a financial and
professional services firm specializing in real estate. The firm
offers integrated services delivered by expert teams worldwide to
clients seeking increased value by owning, occupying or investing
in real estate. With 2008 global revenue of $2.7 billion, Jones
Lang LaSalle serves clients in 60 countries from 750 locations
worldwide, including 180 corporate offices. The firm is an industry
leader in property and corporate facility management services, with
a portfolio of approximately 1.4 billion square feet worldwide.
LaSalle Investment Management, the company's investment management
business, is one of the world's largest and most diverse in real
estate with more than $46 billion of assets under management. For
further information, please visit our Web site,
http://www.joneslanglasalle.com/. DATASOURCE: Jones Lang LaSalle
CONTACT: Craig Bloomfield of Jones Lang LaSalle, +1-312-228-2774,
Web Site: http://www.joneslanglasalle.com/
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