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Jones Lang LaSalle Appointed by Iron Mountain to Manage Global Real Estate Transactions

SINGAPORE, 15 June 2009 — Jones Lang LaSalle (NYSE:JLL), the leading integrated professional services firm specializing in real estate, has  secured a five-year contract to manage Iron Mountain Incorporated’s real estate transactions worldwide. The information management services firm’s total industrial and office portfolio encompasses 65 million square feet in more than 35 countries.

“It is exciting to be partnering with Iron Mountain, a leader in information management services, on this truly global project,” says Mr David Wilton, Head of Industrial – Asia  at Jones Lang LaSalle.  “This is a textbook example of a highly successful company, dominant in its field, leveraging outsourcing as a vehicle for speed to market while driving shareholder value.”

Jones Lang LaSalle will represent Iron Mountain in leasing and sales transactions as well as provide overall portfolio strategy. Approximately 53 million square feet of the real estate is located in North America, and 12 million square feet across Europe, South America and Asia Pacific. The Boston-based firm’s real estate portfolio consists of office space as well as highly specialized facilities for housing secure data centers, records storage, offsite media vaulting and commercial shredding operations.

“Given our rapid global expansion over the last decade, we needed to partner with a leading global real estate firm that could not only execute the transaction work but also bring us strategic insight and consistent process to improve the management of our diverse portfolio, comprising of more than 1,000 facilities across more than 35 countries,” says Anthony Piazza, Iron Mountain’s Vice President of real estate finance and operations.  “This partnership will allow our internal team to focus on our strategic priorities while leveraging Jones Lang LaSalle’s expertise and execution capabilities, gaining cost savings and other strategic advantages.

About Iron Mountain
Headquartered in Boston, Iron Mountain Incorporated (NYSE:IRM) helps organizations around the world reduce the costs and risks associated with information protection and storage. With 2008 revenues topping $3 billion, the Company offers comprehensive records management, data protection, and information destruction solutions along with the expertise and experience to address complex information challenges such as rising storage costs, litigation, regulatory compliance and disaster recovery. Founded in 1951, Iron Mountain is a trusted partner to more than 120,000 corporate clients throughout North America, Europe, Latin America and Asia Pacific. Iron Mountain was recently listed as an S&P 500 company. For more information, visit