AUSTIN, TX-In response to increased client demand for retail expertise, Jones Lang LaSalle has hired Todd Wallace and Robert O’Farrell to lead its retail brokerage practice in Austin. Wallace joins the firm as an EVP, and O’Farrell will serve as a SVP. Together, they will partner with Jones Lang LaSalle’s Texas team and leverage the retail platform to aggressively grow the firm’s retail presence throughout the state.

“We’re committed to growing our local market retail practice in key hubs around the United States, and have achieved tremendous success during the past two years,” said Greg Maloney, president and CEO of retail. “Our clients, both investors and retailers, are seeking deep market knowledge in Texas, and bringing Todd and Robert on board allows us to provide the best-in-class execution they’ve come to expect. I’m confident they will significantly drive our business growth in this part of the country.”

“Austin’s fast growing economy, coupled with robust population and employment growth, is cultivating new opportunities in the retail sector,” said Steve Yenser, national retail brokerage lead. “Having leaders like Todd and Robert on the ground in an evolving market will provide our clients an unparalleled advantage. They understand every aspect of the retail spectrum and their long-standing client relationships in Austin, and throughout the state, will significantly strengthen our capabilities and extend our platform to new heights.”

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