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JLL Acquires Raise Commercial Real Estate

JLL Acquires Raise Commercial Real Estate

by Phil Hall | Oct 1, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

JLL (NYSE: JLL) announced its acquisition of Raise Commercial Real Estate, a technology-powered brokerage. Founded in San Francisco in 2016, Raise was the first brokerage to create a digital real estate management platform. Raise’s co-founder and CEO Justin Bedecarre...
Elon Musk Seeks to Sublease X’s San Francisco Headquarters

Elon Musk Seeks to Sublease X’s San Francisco Headquarters

by Phil Hall | Jul 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Elon Musk is looking to sublease the 800,000-square-foot San Francisco headquarters for his social media platform X (formerly known as Twitter). The San Francisco Chronicle reported that JLL (NYSE:JLL) was contracted to market roughly 460,000 square feet of X’s office...
JLL Acquires Raise Commercial Real Estate

JLL Debuts Commercial Paper Program

by Phil Hall | Jul 2, 2024 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Chicago-headquartered real estate services firm Jones Lang LaSalle Inc. (JLL) (NYSE: JLL) has launched its inaugural commercial paper program. According to the company, up to $2.5 billion of short-term, unsecured, and unsubordinated commercial paper notes will be...
JLL Acquires Data Center Services Provider

JLL Acquires Data Center Services Provider

by Phil Hall | May 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

Chicago-headquartered JLL (NYSE: JLL) has acquired SKAE Power Solutions, a New York City-based provider of data center technical and project management services. According to the companies, the acquisition of SKAE will enable JLL to provide solutions across the full...
Refinancing Secured for Landmark NYC Building

Refinancing Secured for Landmark NYC Building

by Phil Hall | Feb 15, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Capital Markets Group at JLL (NYSE:JLL) has secured the $395 million refinancing of 70 Pine St., a landmarked 66-story property in the heart of New York City’s Financial District. The property was built in 1932 as the offices of Cities Service Company (later known...
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