In sync with its disciplined acquisition strategy, Jones Lang LaSalle Incorporated (JLL Quick QuoteJLL - Free Report) closed the earlier announced acquisition of BRG, the leading Corporate Real Estate (“CRE”) technology and management firm. This marks another step for the Chicago-based full-service real estate firm toward becoming a global leader CRE technology.

Traci Doane of BRG has been roped into JLL as the President of the new Technology Solutions service division. This division is a part of JLL’s Corporate Solutions business in the U.S. and will look after the technology consulting and Integrated Workplace Management Systems implementation services.

JLL provides corporate, financial and investment management services to corporations and other real estate owners, users, and investors worldwide. Clients of JLL are optimistic about this acquisition and realize that the combined technology, data and analytics services will aid them in making important business decisions.

In fact, in recent times, JLL has made a string of acquisitions to bolster its technology expertise. Given the robust and comprehensive technology platform, this latest acquisition is likely to drive JLL ro offer higher productivity services to clients.

JONES LANG LASL Price

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Currently, JLL carries a Zacks Rank #3 (Hold).

Investors interested in the real estate industry may consider stocks like Brookfield Asset Management Inc. (BAM Quick QuoteBAM - Free Report) , The Liberty Braves Group (BATRK Quick QuoteBATRK - Free Report) and AV Homes, Inc. (AVHI Quick QuoteAVHI - Free Report) . Each of these stocks holds a Zacks Rank #2 (Buy).

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