Michael Ziestman Takes On Leadership Role at JLL

Ziestman, with 34 years of experience in the sale, joint venture and financing of various property types, and an aggregate value in access of $11 billion, took on a new challenge at JLL Capital Markets.
Michael Ziestman
Michael Ziestman

JLL Capital Markets announced that Michael Ziestman was selected for the newly established office investment sales leadership role. His primary focus is on advancing the company’s growth strategy, executing large transactions and managing client relationships, mainly in and around Denver and the Texas markets. 

“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 Americas, in prepared remarks. “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.”

Three decades in real estate

Ziestman will be based out of JLL’s Houston office. As a JLL international director, he played an essential role in growing the firm’s investment sales in Southern California after rejoining the company in 2007. Under his guidance, JLL’s Capital Markets business in the region grew 265 percent between the 2012 and 2016. He led the teams that carried out large transactions such as Williams Tower in Houston, Crystals at CityCenter in Las Vegas and Republic Plaza in Denver.

“JLL is a dominant presence in Texas and Denver, and I welcome the opportunity to work closely with the local teams to expand our footprint in office investment sales,” Ziestman said.

He started his career with JLL in Los Angeles in 1983. Before rejoining the company, he was the president of Ziestman Realty Partners from 2004-07. Prior to that, he was a managing director at Lehman Brothers’ Global Real Estate Group where he was responsible for the real estate asset finance business.

Image courtesy of JLL