Major Leadership Transition at LaSalle Investment Management
LaSalle Investment Management recently announced an exciting leadership transformation that leads to a new chapter for the firm. Brad Gries has been named the Global CEO, while Tim Kessler steps up as President, both effective January 1, 2026. This elevation comes during a time of robust performance and strategic growth within the company.
Mark Gabbay's Contribution and Transition
Mark Gabbay, the current Global CEO, will be transitioning to the role of Executive Chairman after an impressive tenure that began 15 years ago. His leadership has been pivotal, guiding LaSalle through challenges such as the global pandemic and significant shifts in the real estate landscape.
Achievements Under Gabbay's Leadership
Under Gabbay's stewardship, LaSalle has vastly enhanced its global investment platform. By continually expanding its capabilities across various strategic markets, the company has consistently delivered strong investment performance for its clients, establishing itself as a leader in the industry.
Introducing the New Leaders
Brad Gries, as the incoming Global CEO, brings years of experience to his new role. Based in Chicago, Gries has been part of LaSalle's Global Management Committee since 2021 and has been instrumental in focusing the company on its growth trajectory.
Vision for the Future
Gries expressed his enthusiasm about leading LaSalle during this exciting time, stating, "I'm looking forward to ensuring our team continues to surpass client expectations by leveraging our wide-reaching services and expertise across multiple markets. Our diversified products and dedicated staff are the key to our ongoing success."
Tim Kessler's Role as President
Tim Kessler, also based in Chicago, has been appointed President while continuing in his existing role as Global COO. Kessler has sat on LaSalle's Global Management Committee since 2018, and under his administration, the firm’s global strategy is set to be further developed and executed.
Focus on Sustainable Growth
In his new position, Kessler emphasized the company's commitment to sustainable growth, rooted in trust and strong relationships with clients. He aims to foster a collaborative environment that champions innovation and excellence in operations.
Commitment to Internal Talent Development
This leadership transition underscores LaSalle's dedication to developing talent from within. By promoting from within the organization, LaSalle not only ensures business continuity but also reflects confidence in its existing leaders during times of growth.
Contact Information for Media Enquiries
For further information, media inquiries can be directed to Drew McNeill at LaSalle at +33 6 23 50 50 21 or email him at drew.mcneill@lasalle.com. Additionally, Jesse Tron of JLL is available at +1 212 376 1215 with his email contact available at jesse.tron@jll.com.
About LaSalle Investment Management
LaSalle Investment Management is a globally integrated, diverse real estate investment manager. As a subsidiary of JLL, it manages approximately US$88.5 billion in assets worldwide through a variety of investment vehicles that accommodate both private and public equity and debt interests. Clients include public and private pension funds, insurance companies, governments, and corporations across the globe.
Frequently Asked Questions
Who are the new leaders at LaSalle Investment Management?
Brad Gries has been appointed Global CEO while Tim Kessler will serve as President.
What role did Mark Gabbay play at LaSalle?
Mark Gabbay served as Global CEO and will transition to Executive Chairman, having led the firm for 15 years.
What improvements were made during Gabbay's leadership?
During his tenure, LaSalle expanded its global platform and consistently delivered strong investment performance.
What is Brad Gries's vision for LaSalle?
Gries aims to maintain high client satisfaction while leveraging the company's extensive range of products and expert team.
How does LaSalle ensure business continuity?
By promoting from within, LaSalle demonstrates its commitment to internal talent development and succession planning.
