DALLAS-John Alvarado, long-time managingdirector at Jones Lang LaSalle's Capital MarketsGroup has moved on to CBRE as senior vicepresident. In his new position, Alvarado joins an investment salesteam that includes Jack Fraker, Gary Carr, RussellIngram and Josh McArtor.

“We are excited to have John join us at CBRE,” saidChris Hipps, CBRE's Managing Director ofInstitutional Services in a press release. “He representsexcellence in every way and is a true professional in our businesswith a stellar reputation in the marketplace. His relationshipswith institutional investors and private equity groups will enhanceour investment sales reach locally and nationally.”

According to Dmagazine's RealPoints' column, Jones Lang LaSallenoted in a statement that "John Alvarado and Jones Lang LaSallehave mutually decided to part ways. We value the long-standingrelationship we enjoyed with John and we wish him success in hisfuture endeavors.”