It’s not uncommon for top brokers to move around in this industry, but the ink was barely dry on the Jones Lang LaSalle/Staubach merger papers when one of Staubach’s top brokers, Jeff Ellerman, quit for greener...
When Scott Peters abruptly announced his resignation as CEO at Grubb & Ellis Co. in July, it marked the latest chapter in a long saga of management changes for the once-powerful brokerage. Since 2001, three CEOs...
Two of the nation’s largest pension funds just closed the books on fiscal 2008, and needless to say they hope for rosier results in the next 12 months. Both the California Public Employees’ Retirement System, also...
With transaction volume of $4.7 billion and more than 300 deals closed in 2007, Transwestern Commercial’s Investment Services Group is a major provider of advisory services to institutional and corporate clients on...
Jones Lang LaSalle fast-tracked its recent merger with Dallas-based Staubach, announcing the $600 million deal on June 16 and closing only 26 days later on July 11. Integrating the tenant representation giant and its...
Howard Schultz has had better summers. First he lost a protracted battle with the new owners of the Seattle SuperSonics — a National Basketball Association franchise — when they decided to move the team to Oklahoma...
In a world of daily cutbacks on everything but the price of oil, perhaps it was inevitable that the nation’s leading pension funds would find themselves in the same dilemma when it comes to their real estate...
Real estate economic sages don’t come more highly regarded than Hugh Kelly. Currently principal of Hugh Kelly Real Estate Economics based in Brooklyn, Kelly spent more than 20 years as the chief economist at Landauer...
Suddenly tenant representation firms are the next big thing. Now that Chicago-based Jones Lang LaSalle (JLL) has formalized its purchase of Dallas-based The Staubach Co. for $613 million, the few remaining independent...
When rumors of a possible merger between service firms Jones Lang LaSalle (JLL) and Staubach first began swirling in late May, the brokerage industry could be forgiven for experiencing a sense of déjà vu...
