Tuesday, December 30, 2014

Jones Lang LaSalle: A Real Estate Brokerage Firm


The merger of Jones Lang Wootton and LaSalle Partners in 1999 created the current Jones Lang LaSalle, Inc. This publicly traded venture is headquartered in Chicago, Illinois and trades on the New York Stock Exchange under the symbol JLL. The business specializes in real estate and provides investment management and professional services.

Jones Lang LaSalle operates globally and provides a wide array of services in relation to real estate. Their offered services include consulting and investment management, corporate finance, property management, merchant banking, real estate investment banking, capital markets, agency leasing, tenant representation, project and development management, energy and sustainability services, value recovery and receivership services and hotel advisory. The main office in Chicago covers the operations of the business in the Americas; their Asia Pacific regional market is based on their main hub in Singapore and their London office is in charge of their market in the Middle East, Africa and in Europe.

The experts that are manning the business are mostly Six-Sigma certified and thus are able to make a difference on how companies manage their business, their operations and the productivity of their associates. The financial advices that they provide allow companies to save on their operating expenses while improving the service level of support. These experts are also capable of generating greater shareholder values by helping the management team make better decisions in using, generating and disposing of assets.

Categorized as a commercial real estate brokerage firm, Jones Lang LaSalle is considered to be the second largest publicly traded business of its kind in the world. It has over 53,000 employees that is a combination of support staff and industry experts. It continues to operate in 75 countries around the world and manages 200 offices that are supporting thousands of businesses. The company has a portfolio comprised of more than 3 billion square feet of properties under management. Annually, it generates more than $4 billion in revenue.

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