Jones Lang LaSalle, the Chicago-based brokerage and real estate services company, has formed an alliance with Pittsburgh-based WESCO International, a provider of electrical and industrial maintenance products, to provide services across its 10.5 million sq. ft. global portfolio.
Jones Lang LaSalle (NYSE:JLL) will furnish WESCO (NYSE: WCC) with services related to managing transactions, administering leases, and handling supply chain and logistics needs. The agreement also calls for work related to retail outsourcing, energy management and audits, and financial services. In addition, Jones Lang LaSalle will provide consulting for portfolio analysis, business and economic incentives, and mergers and acquisitions
Meanwhile, WESCO, a publicly traded company, will provide electrical, maintenance, and operations products across Jones Lang LaSalle’s client network. WESCO also will provide data communication and backroom electrical distribution and control systems.
Through the partnership, Jones Lang LaSalle will help WESCO make strategic real estate decisions, says Michael Burns, managing director of corporate solutions at the brokerage. “We will be incorporating best practices across a variety of business lines,” says Burns.
WESCO will help Jones Lang LaSalle reduce costs, improve workplace safety and achieve sustainability goals, says Kevin Kerby, vice president of global accounts and marketing for WESCO.