National investment sales experts Bo Mills and Mark Detmer are joining Jones Lang LaSalle to lead its West Coast practice.
In response to increased client demand for broader expertise in the industrial sector, JLL’s Capital Markets made the move. Mills and Detmer joined the firm as managing directors and will partner with JLL’s industrial capital markets leader, John Huguenard, to help grow the firm’s industrial capital markets presence throughout the West Coast.
Mills and Detmer won the 2012 RED Award for Brokerage Team of the Year-Leasing with Cushman & Wakefield. They are finalists for the 2013 RED Awards
In addition, the firm has also hired two industrial brokerage experts in Phoenix. Pat Harlan and Steve Sayre are joining JLL as executive vice presidents to partner with market-leading managing directors Tony Lydon, Marc Hertzberg and Bill Honsaker to expand the firm’s leasing expertise in that city.
“Over the past several years, we’ve been committed to growing a strong and vibrant Industrial Capital Markets practice and we’ve achieved considerable success,” Huguenard. “Clients have been clamoring for deep market knowledge on the West Coast as well, and bringing Bo and Mark on board allows us to provide the best-in-class leadership they’ve come to expect from JLL.
“Bo and Mark have long been recognized as two of the nation’s leading industrial experts and we are confident their deep client contacts will significantly drive our business growth in this critical part of the country.”
Detmer, who will be based in Phoenix, brings more than 18 years of expertise to the team, specializing in all facets of industrial real estate. He has completed more than 1,000 transactions, totalling more than 25 MSF of property.
He is a member of the Society of Industrial and Office Realtors (SIOR), a Certified Commercial Investment Member (CCIM) and a member of the Urban Land Institute (ULI). He is also active in NAIOP, serving as the Phoenix 2011 Chairman of Night at the Fights for the third consecutive year and the current Associate Member of the Year for the Arizona Chapter of the organization.
Mills, who will be based in Los Angeles, has more than 17 years of experience, specializing in all facets of industrial real estate including acquisitions, developments, leasing and sales. He has completed more than 1,000 transactions during his career, totalling more than 25 MSF of property.
He is a member of SIOR, CCIM, ULI and also serves on the Board of Directors of NAIOP.
“We look forward to seeing great results for our clients through the combination of this team’s knowledge and capability, and the resources of JLL’s global platform,” said Peter Belisle, JLL’s Southwest Market Director. “Los Angeles, and in particular the Inland Empire, is considered the hotbed of the country for industrial acquisitions and the site where investors most wish to expand.
“Having a leader like Bo on the ground in this market gives us a huge advantage and offers our clients expertise in every facet of the industrial spectrum; while Mark’s long-standing client relationships in Phoenix will continue to strengthen our stature there.”
Harlan brings more than 15 years of experience to the team, representing owners and tenants in sales, leasing and master-planned developments of industrial product. He is a member of NAIOP, Council of Supply Chain Management and ULI.
Sayre has more than 17 years of experience in the industrial sector, also representing owners and tenants in sales, leasing and master-planned developments. He is a member of NAIOP and CCIM.
“Pat and Steve are known as one of the city’s top industrial leasing teams, regularly facilitating significant industrial lease transactions year after year. Adding this level of capability and strength will give us the most comprehensive industrial expertise in the region, from logistics, agency leasing and tenant representation all the way to the buying and selling of properties and land services,” said Craig Meyer, Executive Managing Director and leader of JLL’s Industrial and Logistics Americas.
This team complements the recent hires of Harvey Beeson, Luke Staubitz and Andrew Difler to the Los Angeles industrial team earlier this month. Beeson and Staubitz specifically focus on the South Bay submarket and will partner with the new team to provide a holistic industrial and logistic perspective to the region.