See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Jones Lang LaSalle Incorporated (JLL) - free report >>
Brookfield Asset Management Ltd. (BAM) - free report >>
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Jones Lang LaSalle Incorporated (JLL) - free report >>
Brookfield Asset Management Ltd. (BAM) - free report >>
Image: Bigstock
JLL Acquires Travis Commercial to Expand in South Texas
Jones Lang LaSalle, Inc. (JLL - Free Report) which shortened its name to “JLL” has closed the acquisition of San Antonio-based real estate company, Travis Commercial. This acquisition, announced last month is in sync with the company’s growth strategy of expanding its full-service platform in Texas.
Travis Commercial is a full-service commercial real estate firm, co-founded by Mark Krenger and Chuck King in 1998 with Jeff Miller joining in 1999. It specializes in property leasing & management, multi-market corporate services, tenant representation, investment sales, and facilities & construction management.
The acquisition seems a strategic fit, as it will give JLL the scope to serve the fast-growing central and south Texas markets. Despite the slowdown in oil production, San Antonio and the greater South Texas region markets have been healthy.
Chicago-based JLL is a leading full-service real estate firm that provides corporate, financial and investment management services to corporations and other real estate owners, users, and investors worldwide.
JONES LANG LASL Price
JONES LANG LASL Price | JONES LANG LASL Quote
JLL currently carries a Zacks Rank #3 (Hold). Investors interested in the real estate industry can consider other stocks like Brookfield Asset Management Inc. (BAM - Free Report) , The Liberty Braves Group (BATRK - Free Report) and AV Homes, Inc. (AVHI - Free Report) . All these stocks hold a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>