Jones Lang Lasalle Income Property Trust Inc.

07/08/2024 | Press release | Distributed by Public on 07/08/2024 23:57

Management Change/Compensation Form 8 K

Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Resignation of Director
On August 6, 2024, Kristy F. Heuberger tendered her resignation from her position as a member of the Board of Directors (the "Board") of JLL Income Property Trust, Inc. (the "Company"), effective as of August 6, 2024. Ms. Heuberger's resignation was not due to any disagreement with the Company, LaSalle Investment Management, Inc. ("LaSalle") or any of their affiliates.
Election of Director
On August 6, 2024, the Board elected Brad Gries to the Board to serve as a director and to fill the vacancy created by Ms. Heuberger's resignation, effective as of August 6, 2024. Biographical information for Mr. Gries is set forth below.
Bradley J. Grieswas named Head of the Americas for LaSalle Investment Management in April 2024. Mr. Gries also serves as Co-Chief Investment Officer for the region, Chair of the Americas Investment Committee and Chair of the Americas Management Board. Prior to this appointment, Mr. Gries served as Co-Head of the Americas (from March 2021) and Head Transactions (from August 2017). Mr. Gries is a member of the Global Management Committee for LaSalle Investment Management. Prior to joining LaSalle in 2017, Mr. Gries held various leadership roles over 16-year career with the real estate investment management arm of DWS, culminating in the role of Managing Director, Real Estate Transactions, where he led the new investment sourcing and execution teams for the Central and Southeast US. Mr. Gries is a member of ULI, NAREIM, PREA and sits on the advisory board of Mortenson Properties, Inc. Mr. Gries began his career at Arthur Anderson after achieving a BA in Economics from the University of Illinois - Urban Champaign.