JONES Lang LaSalle has bought the assets of The Standard Group, a Chicago based retail transaction management firm.
The Standard Group’s portfolio advisory, site selection and rollout services will bolster JLL’s nationwide retail services for 150 retail properties.
The Standard Group’s clients include some of the leading national retailers. Currently the firm is managing the national rollout for T-Mobile USA, the Emerging Markets new store growth for Jamba Juice, and new store and lease renewals for Bright Now! Dental.
JLL America’s chief executive Peter Roberts said the addition of The Standard Group will strengthen the firm’s ability to meet growing demand from retail clients for comprehensive transaction management services.
Through the acquisition, The Standard Group’s Joseph Brady, Branson Edwards and Lewis Kornberg will join JLL as managing directors, to be based in
This announcement follows on the heels of JLL’s recent
In 2006, the firm expanded its presence in
Australian Property Journal
