This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Jones Lang LaSalle Increases Prominence In Orange County With 360 Commercial Partners Merger

IRVINE, Calif., July 26, 2012 /PRNewswire/ --  Jones Lang LaSalle (NYSE: JLL) today announced that it has merged operations with 360 Commercial Partners, one of Orange County, California's leading real estate services firms. The combined firm will have a commanding presence in Orange County, with greatly enhanced strength and depth of service that will enable the firm to more fully deliver strategic, integrated services and solutions for real estate owners, occupiers and investors.   

(Photo: http://photos.prnewswire.com/prnh/20120726/CL47067 )

"The merger of Jones Lang LaSalle and 360 Commercial Partners was driven by client demand for broader and deeper services, as well as the anticipated growth of Orange County," said Peter Belisle, Southwest Market Director, Jones Lang LaSalle. "This is a mutually beneficial merger for 360 Commercial Partners and Jones Lang LaSalle, as well as for our clients, who will now have access to a broader platform and local market expertise from a firm that is the clear leader in capturing real value from real estate."

The merger will deepen mutual strengths and bolster overall service delivery capabilities by:

  • Bringing clients significant depth and scale through a range of services, including strong industrial sales and leasing expertise and market-leading mid- and low-rise office building sales capabilities.
  • Enhancing Jones Lang LaSalle's already strong tenant representation practice as well as robust landlord leasing and project management capabilities in Orange County.

360 Commercial Partners' clients will benefit from Jones Lang LaSalle's integrated global services platform including its deep resources, cutting-edge tools and broad-reaching connections. Jones Lang LaSalle will gain access to a highly regarded team of professionals with deep local knowledge and penetration, a stellar reputation and extensive client relationships throughout Orange County, the Mid-County Los Angeles area and the Southern California region.

"This alliance of two great companies that are culturally aligned and have fantastic business synergies will create the strongest commercial real estate firm in the region," said Louis Tomaselli, Founder and President, 360 Commercial Partners. "We are now one company that has a shared vision to be the chosen real estate expert and strategic advisors to the leading owners, occupiers and investors throughout Orange County as well as around the world."

360 Commercial Partners' 12 employees will join Jones Lang LaSalle's 860-strong team across Southern California, bringing the total number of employees based in Orange County to 143. Jeff Ingham will lead the office and research and development practice and Louis Tomaselli will lead the firm's Orange County industrial practice. 

"By leveraging our strong combined office and industrial capabilities, we will have the opportunity to expand our services, with a focus on growing our landlord leasing and sales capability, strengthening our tenant representation practice and more effectively delivering all of our market leading services to the region. We will now be better prepared to help clients maximize the value of their real estate by anticipating change and seizing opportunities," added Ingham.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,979.13 +59.54 0.35%
S&P 500 1,986.51 +4.91 0.25%
NASDAQ 4,526.4820 -1.0320 -0.02%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs