SOURCE: JLL

JLL

December 11, 2015 14:58 ET

JLL Completes Acquisition of Smart Building Consultants CoR Advisors

CHICAGO, IL--(Marketwired - Dec 11, 2015) - JLL (NYSE: JLL) has closed the previously announced acquisition of CoR Advisors, a smart building consulting company for corporate and commercial properties. CoR Advisors' expertise in smart building integration and applications complements JLL's continued focus on high-performance technology solutions for buildings.

Darlene Pope, founder of CoR Advisors, was appointed Senior Vice President for JLL's Energy and Sustainability Services for the Americas. Pope and her team are tasked with expanding JLL's focus on smart building solutions as a primary means of providing state of the art technology and energy efficiency for buildings.

"The response from both JLL and CoR Advisors clients and the broader real estate community has been extremely positive," Pope said. "By combining CoR's energy efficiency advisory and education services with JLL's global resources and broader sustainability platform, we are able to provide clients the highest level of comprehensive energy management and sustainability services."

JLL's Environmental and Sustainability Services group offers broad-based, full-service capability to help companies reduce their footprint or obtain a certain percentage of power from renewable sources. The group has delivered $2.5 billion in cumulative energy savings for U.S. clients and approximately 12 million metric tons in greenhouse gas reduction. JLL's more than 1,400 LEED-accredited professionals manage more than 300 LEED projects totaling 75 million square feet.

JLL's smart building program includes comprehensive consulting, design, system integration, solution development, installation, data and analytics, and monitoring of building systems to support energy management, workplace strategy, and the overall occupant experience.

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About JLL

JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $57.2 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

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