WALNUT CREEK, CA—Jones Lang LaSalle says two highly regarded and seasoned brokers with career assignments totaling more than 60 million square feet, have joined the firm’s Walnut Creek office as senior vice presidents.
Tony Beatty is a 28-year veteran of the industry with deep experience in sales and leasing of industrial and office properties in urban locations and more than 50 million square feet of transactions under his belt. Jim Peterson has represented some of the area’s largest corporate office users as well as local and institutional owners in more than 8 million square feet of transactions in greater Contra Costa and northern Alameda Counties.
“Jim and Tony are both brokers with a tremendous reputation among their clients, colleagues and competitors. They have both been involved in some of the largest transactions in the East Bay and are highly skilled in structuring and managing complex negotiations on behalf of their clients. They are important additions to the JLL’s East Bay team,” said Tom Maloney, managing director, Jones Lang LaSalle.
In recent years, Peterson has represented LAM Research in its acquisition of KLA Tencor’s former 240,000 square foot campus; Cisco Systems in the sale of more than 325,000 square feet of class A office space to State Compensation Insurance Fund; and Wells Real Estate Funds in the disposition of a 200,000 square foot class A office building to Ross Dress For Less for its corporate headquarters.
Beatty has advised and represented tenants in over 50 million square feet of transactions and is responsible for negotiating over $1.5B worth of transactions. Clients have included IKEA, Pixar/Disney, Ryerson Steel, Bay Area Beverage, Aetna Realty Advisors, Sun Micro Systems, and Costco.
Beatty comes to JLL from Cassidy Turley where he served as a managing director, and prior to that he and was a senior marketing consultant with Norris, Beggs & Simpson. Peterson joins from Newmark Cornish & Carey, where he was a SVP and Principal.
JLL’s Northwest region employs 1,200 full time employees and operates major corporate offices Northern California, Oregon and Washington.