International Director to Bolster JLL’s Office Investment Sales Footprint Throughout Texas and Denver Regions
|Michael Zietsman appointed to fill newly created office investment sales leadership role at JLL.|
JLL has selected Michael Zietsman to fill a brand new office investment sales leadership role created to bolster the firm’s presence in the Texas and Denver regions.
The former Southern California-based international director will transition to JLL’s Houston office with a focus on accelerating the company’s growth strategy as well as brokering transactions and cultivating client relationships primarily in Texas and the Denver MSA.
Zietsman broke into the commercial real estate industry with JLL Los Angeles in 1983 before leaving to serve as managing director of Lehman Brothers’ global real estate group and later as president of Zietsman Realty Partners, a real estate investment banking firm launched by Zietsman in 2004.
In 2007, JLL’s acquisition of Zietsman Realty Partners would bring the veteran investment executive back into the fold. Instrumental in expanding JLL’s investment sales in Southern California, Zietsman would go on to increase JLL capital markets’ business by 265% from 2012 to 2016 while completing such notable deals as Williams Tower in Houston, Crystals at CityCenter in Las Vegas, and Republic Plaza in Denver.
“The Texas and Denver regions are experiencing tremendous population and employment growth, which is driving increased office investment sales demand,” said Jonathan Geanakos, president of JLL capital markets for the Americas. “Under Michael’s guidance, we are establishing a unified office investment sales practice in the region to accelerate our business development efforts and enhance our knowledge and execution capabilities.”
Zietsman brings 34 years of commercial real estate experience to his new role, having completed roughly $11 billion in asset sales, joint ventures and financing placement in that time. Currently, he is a member of the Urban Land Institute, Pension Real Estate Association, National Association of Real Estate Investment Trusts and International Council of Shopping Centers.