Jones Lang LaSalle and Beaumont Hospitals form Partnership

Partnership to create new industry-leading standard; Service 8.5-Million-Square-Foot Healthcare Facility and Real Estate Portfolio

CHICAGO and DETROIT — Jones Lang LaSalle announced the formation of a new integrated services partnership with Beaumont Hospitals to create a new standard in healthcare real estate, facilities and equipment services delivery. Through the partnership agreement, Jones Lang LaSalle at Beaumont Hospitals will provide all of Beaumont’s healthcare facility services including facility management, construction program management, utility operations, energy and sustainability services, property management, biomedical equipment maintenance and service management, lease administration, portfolio strategy and real estate transaction services.

Previously, these services were provided by an entity wholly owned by Beaumont called Beaumont Services Company (BSC).

The partnership is designed to deliver cost savings and operational improvements that enhance quality, service and efficiency. It will also allow Beaumont to expand its focus on its core business of patient care.

“Facility, equipment and real estate needs in the healthcare industry are growing in size and complexity,” said Jim Safran, president of Beaumont Services Company. “This partnership melds Jones Lang LaSalle’s service delivery and operational expertise with the skills and experience of BSC’s staff in an integrated approach that is unique in the industry.”

“This move is part of our overall commitment to the healthcare industry and to helping our clients become more efficient in delivering high quality patient care.  Our goal is to position facilities and real estate as a strategic advantage and deliver cost savings that can be reinvested in important clinical and patient care activities,” said Peter Bulgarelli, chief operating officer for Jones Lang LaSalle’s Healthcare Solutions group.

“The new partnership combines Jones Lang LaSalle’s industry-leading national, facility, project management, real estate and healthcare expertise with Beaumont’s sophisticated acute care hospital systems and processes to drive efficiency and high performance throughout the portfolio,” added Jim Becker, Jones Lang LaSalle’s market director for Michigan, Ohio and Canada.

The entity will exclusively serve an 8.5-million-square-foot portfolio including three hospital campuses, 5.1 million square feet of acute care hospital space, 1,744 licensed acute care patient beds and 101 owned or leased off-campus patient care or business sites located in metro Detroit.

Ted Spicer of Jones Lang LaSalle and Jim Safran from BSC will lead service operations and implementation for the new venture. It will launch joint service delivery in the first quarter 2011.

Jones Lang LaSalle’s National Healthcare Solutions Group works with hospitals throughout the country to achieve optimized efficiency, flexibility and cost saving through program management, facility management, hospital and medical building construction, healthcare finance, hospital operations, location strategy and real estate transaction management services. The firm was ranked as Modern Healthcare’s second largest development firm in 2010.

About Jones Lang LaSalle
Jones Lang LaSalle (NYSE: JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2009 global revenue of $2.5 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.6 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with approximately $40 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.

About Beaumont Hospitals
Beaumont Hospitals is a three-hospital regional health system with a total of 1,744 licensed beds, more than 14,000 full-time equivalent employees and 3,700 physicians in Oakland, Macomb and Wayne counties. In addition to its hospitals, Beaumont operates numerous community-based medical centers in Oakland, Macomb and Wayne counties, family practice and internal medicine practices in Macomb and Wayne counties, five nursing centers, a research institute, home care services and hospice. Visit Beaumont on the Web at www.beaumonthospitals.com.