Done Deals: JLL adds two industrial experts, Pauline Hale and Katelyn Drosnock, to its Valuation Advisory group

Thursday, February 9, 2023

JLL adds two industrial experts, Pauline Hale and Katelyn Drosnock, to its Valuation Advisory group

Katelyn Drosnock

CHICAGO, IL, Feb. 9, 2023 – JLL’s Valuation Advisory group announced today that it has expanded its industrial property sector team with two key hires. Pauline Hale, MAI, CCIM, MRICS joins the group as an Executive Vice President based in Southern California and will be the industrial market lead for California. Katelyn Drosnock joins as an Executive Vice President in the Mid-Atlantic region.

Pauline Hale

The duo will report into Managing Director Katie Parsons, MAI, who leads the national industrial practice for JLL’s Valuation Advisory group.

“One of my goals when I joined JLL last year, was to build out a robust national industrial team with exceptional leaders like Pauline and Katelyn,” Parsons said.

“Industrial continues to enjoy its run as one of the most coveted asset classes for both occupiers and investors.

"Despite this, our clients continue to rely upon us to guide them through pricing uncertainty and market nuances through a combination of knowledgeable professionals such as Pauline and Katelyn, as well as market-leading proptech tools that can assess risk and provide real time insights.”

Hale joins JLL from Altus Group, a software company providing solutions to the commercial real estate industry, where she worked as a Director for more than 10 years.

“Now more than ever, the industrial real estate market is the linchpin of the global economy,” Hale said. “With the rise of this asset class has come increased sophistication in site and building design, tenant improvements and technological advancement in manufacturing, logistics, transportation and distribution.

Katie Parsons

Actively engaged in commercial real estate since 2005, Drosnock joins JLL from Bowery Valuation, a tech-focused commercial real estate appraisal startup, where she was Managing Director, growing the company’s footprint in the Mid-Atlantic.

Prior to Bowery, she was with the Philadelphia-based office of a top commercial real estate advisory and services firm, working within its Valuation & Advisory group and its National Industrial/Logistics team, where she was consistently a top producer.

She is an MRICS Designated Member of the Royal Institution of Chartered Surveyors and a member of NAIOP, ICIS, ULI, and the BIA of Philadelphia.

She is also involved with the Appraisal Institute, where she is currently working with the Regional VI Director on developing a University Relations Intern Program.

She has been invited to lecture at Temple University, Villanova School of Business and Lehigh University as an industry expert and a mentor to the next generation of commercial real estate advisors.

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U.S. property valuation and tax consulting services are performed by JLL Valuation & Advisory Services, LLC, a wholly owned indirect subsidiary of Jones Lang LaSalle Incorporated.