Jones Lang LaSalle
From Wikipedia, the free encyclopedia
Jones Lang LaSalle (NYSE: JLL) is a major real estate and money management services firm headquartered in the Aon Center in Chicago, Illinois and the only company in its industry making it into Forbes magazine's Platinum 400. The company has approximately 27,000 employees in offices in more than 100 markets on five continents. It operates in more than 430 cities worldwide. The company owns a number of shopping malls and office buildings.
In 2005, the firm completed capital markets sales and acquisitions, debt financings, and equity placements on assets and portfolios valued at $43 billion, revenue was aproximately $1.4 billion. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse real estate money management firms, with approximately $34 billion of assets under management.
Jones Lang LaSalle was formed by the 1999 merger of LaSalle Partners Incorporated and Jones Lang Wootton. Jones Lang LaSalle brings together two organizations with long histories of client service. The former Jones Lang Wootton (JLW) had its beginning in 1783, when Richard Winstanley established business as an auctioneer in Paternoster Row, London. LaSalle Partners Incorporated was foundet under the name IDC Real Estate in 1968 in El Paso.
