Personnel News From JLL, NorthMarq, Eastern Union
JLL Valuation Advisory Group Hires Katie Parsons to Lead National Industrial Platform
JLL Valuation Advisory hired Katie Parsons as Managing Director – Head of Industrial Property Sector, where she will focus on driving growth, building the industrial platform, enhancing the customer experience and providing value to clients.
Parsons has a track record of success in real estate valuation, strategic planning, business growth, economic modeling, consultation and advisory and portfolio execution and valuation. Prior to joining JLL, she co-led the national industrial valuation and advisory practice at another leading commercial real estate services firm, where she increased revenue and provided leadership and valuation guidance to more than 100 professionals in North America.
As the leader of the industrial sector, Parsons, based in Seattle, is responsible for driving growth of the national industrial platform and managing client relationships along with recruiting and mentoring team members, managing risk and collaborating with technology and operations to improve the platform.
Even with industrial deliveries increasing, surging tenant demand has created a supply and demand imbalance, with supply growth unable to keep up with occupier and investor demand. JLL Research predicts rental growth for industrial will increase more than 8 percent throughout the year, depending on the market, due to rapidly aging industrial inventory coupled with fierce competition among tenants and investors.
Northmarq Adds Investment Sales Office in California With Brent Sprenkle as Managing Director
Northmarq’s Investment Sales platform added a location in El Segundo, California led by Brent Sprenkle as managing director.
Sprenkle has two decades in the multifamily market with more than $2 billion in multifamily sales. Formerly with Berkadia, he will continue his focus on selling multifamily properties and advising clients on investments in greater Los Angeles. He specializes in reviewing private capital and institutional investors’ portfolios to help achieve their objectives of expansion, consolidation, disposition and exchanges and will add a team of brokers and transaction professionals in the coming weeks.
Eastern Union Names Jack Charlap Chief Revenue Officer
Eastern Union, New York, named Jack Charlap Chief Revenue Officer. In this capacity his primary responsibility is to facilitate the professional development and productivity of the company’s senior brokerage team.
Charlap also supports Eastern Union’s recruitment program by attracting qualified senior-level brokers to join the company. He then supports these newly arrived, experienced brokers by supplying them with a business development infrastructure that includes caller teams of young, front-line brokers.
Charlap has worked with Eastern Union for nearly eight years. He began as a loan consultant, and in January–shortly after Abraham Bergman assumed the presidency of the firm–took the position of head of origination.
