JLL expands Boston commercial Investment Sales & Advisory platform with addition of Patrick Shields

BOSTON, Sept. 10, 2025– JLL Capital Markets announced today the strategic relocation of Managing Director Patrick Shields from its Chicago office to partner with Managing Director Scott Carpenter and strengthen the firm’s Boston commercial investment sales and advisory team. This move positions JLL Capital Markets to better serve clients and capitalize on significant growth opportunities emerging in Boston’s dynamic office and life sciences sectors.

"Pat’s addition to our Boston team is in response to the momentum we’re seeing in our office investment sales and advisory platform," said Chris Angelone, Senior Managing Director and co-head of JLL’s Boston Capital Markets team. “As a gateway market, Boston’s diverse economy is anchored by technology, financial services, healthcare and education sectors. The city continues to draw investment from an institutional standpoint and with more stability emerging, we anticipate both the office and the life sciences sectors to present a significant amount of opportunity in the near term.”

Shields has more than 15 years of experience in real estate and finance and joined JLL in 2019, as part of the HFF acquisition. Throughout the course of his career, he’s been involved in more than $10 billion in investment sales and advisory transactions, primarily focused on office and life sciences assets. He’s achieved industry recognition as Investment Broker of the Year from the Greater Chicago Food Depository in 2017, 2019, 2021 and 2022 and was also part of the team awarded NAIOP’s Office Investment Transaction of the Year in 2018, 2021 and 2023.

The enhanced Boston team will consist of Shields, Scott Carpenter, Coleman Benedict, Chris Angelone, and Brooke Howard who will focus on providing comprehensive investment sales and advisory services to investors, developers and commercial users.

“As the investment market continues to evolve, we are focused on enhancing our talent in key markets to best serve our clients. Patrick’s transition to Boston reflects our commitment to driving growth in one of our core markets, strengthening our connectivity throughout the Northeast and our broader national office platform,” said Brett Paulsrud, Senior Managing Director and co-head of JLL’s Boston Capital Markets team.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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