Jones Lang LaSalle (JLL) International has expanded its North Texas operations by acquiring the Dallas affiliate of Integra Realty Resources. With Q4 looming large, the company shows only positives going into 2017.
Back in October, JLL acquired the Houston facet of the independent network of U.S. commercial real estate business, but for today's news John Gates, JLL's CEO of Markets for the Americas had this to offer:
"The addition of the Dallas affiliate of Integra Realty Resources broadens JLL's global valuation and advisory services with critical expertise and expanded bandwidth across the country. IRR - Dallas brings a strong track record in capital markets valuations, eminent domain, and the seniors housing and healthcare sectors."
The deal makes JLL one of the largest commercial real service firms in North Texas. Overall, JLL now has more than 280 corporate offices, in over 80 countries and a global workforce of more than 60,000 employees.
In other news from JLL, the firm announced in November the successfully negotiated 18,634 square foot lease with RX Innovation, Inc. Property moves and new construction also promised a positive Q4 given the expectation of new deal signings before the end of the year. Also, the expansion of amenities for Frost Tower created additional premier space available.