Jones Lang LaSalle Expands Office

NEWPORT BEACH, CA-Jones Lang LaSalle has opened a new regional office at 4695 MacArthur Court in a relocation and expansion of its Orange County operations that includes the addition of two professionals to its capital markets group. JLL has had a presence in the Orange County market for more than 10 years with a team focusing on tenant representation at an office at Newport Gateway, but the new full service office will offer investment sales, retail, corporate solutions, project and development services and agency leasing services as well.

The two new additions to the JLL capital markets group are SVP Jon Nesbitt and VP Baker Morphy. Nesbitt and Morphy are the eighth and ninth professionals that the firm has added to its capital markets group in the past six months, notes David Doupé, managing director of Jones Lang LaSalle’s capital markets group. Nesbitt formerly was a vice president in the financial services group of Grubb & Ellis, and Morphy was an associate director in the capital markets group at Cushman & Wakefield.

The new regional office includes an existing team of local market brokers, led by Jeff Ingham and Tom Murphy, who focus on tenant representation and have long represented Jones Lang LaSalle in the Orange County market. According to Jan Pope, regional director-west for JLL, the expansion and relocation of the Orange County office is part of the firm’s focus on expanding in California.

Pope says that the new Orange County office not only positions JLL to offer a broader range of services in Orange County but also allows for greater penetration into critical growth markets such as Orange County, San Diego and the Inland Empire. The Orange County expansion is the latest in a series of moves in the Greater Los Angeles region by JLL in recent months, including its acquisition of Los Angeles-based Zietsman Realty Partners Inc., a real estate investment banking firm headed by Michael Zietsman.