Jones Lang LaSalle was formed by the 1999 merger of LaSalle Partners Incorporated and Jones Lang Wootton. Building on Jones Lang Wootton’s international strengths in Europe and Asia Pacific and LaSalle’s depth in North America and its position as a leader in real estate investment management services, Jones Lang LaSalle brings together two organizations with rich histories of client service.
The former Jones Lang Wootton (JLW) had its beginning in 1783, when Richard Winstanley established business as an auctioneer in Paternoster Row. In 1806, Winstanley was joined by his son James, who continued the practice.
By 1840, James Winstanley had formed a partnership with James Jones, who moved the business to King Street hard by Guildhall in 1860. The firm that became Jones Lang Wootton retained a presence in that street for over a hundred years. James Jones’ son, Frederick, took over the King Street practice, on his father’s retirement renaming the firm Frederick Jones and Co. Richard Winstanley. With Frederick Jones’ retirement in 1872, the firm became Jones Lang and Co with C.A. Lang as the sole partner and the first of three generations of Langs to serve the firm. In 1939 this firm merged with Wootton and Son (founded 1892) to become Jones Lang Wootton and Sons
In 1945 the City of London remained devastated by the bombing and fires of World War II. With records destroyed and confusion over boundaries and ownership, JLW set about the complex task of locating the owners of small land parcels. By combining these small parcels of land and securing contracts for leasing and/or purchase, JLW was able to secure licenses for development. At the same time, it was also achieving agency appointments for large tracts of the City.
Agreements were reached allowing Jones Lang Wootton to take responsibility for any subsequent development and leasing. Thus when London started to be rebuilt in 1954, Jones Lang Wootton found itself in a unique position. Its first big success came with Barrington House in Gresham Street, followed by much of all the new speculative development across the City of London and key locations in the West End.
Jones Lang Wootton began its global expansion in 1957, when Ronald Collier who had emigrated to Australia, visited London and asked Jack Hughes if the partnership would support him. “Outlook favorable but problems formidable,” the senior partner reported. Although there was no investment market in Australia, the potential was clearly enormous. Jones Lang Wootton established offices in Sydney and Melbourne in 1958. Six years later, there were 22 partners and a staff of 300 in Australia. Working from this base, the firm opened offices in New Zealand, Singapore, Kuala Lumpur, Hong Kong and Tokyo and continued to spread across the Southeast Asian and Pacific regions.
In a logical next step JLW extended its activities into Scotland in 1962, into Ireland in 1965 and into continental Europe from its secure and influential position in Great Britain. The first office on the continent opened in Brussels in 1965, followed by other key European business centers including Holland, France and Germany. In addition, quick to recognize the potential opportunities provided by political changes in central and eastern Europe, JLW opened offices in Budapest, Prague and Warsaw and extended its services across the whole region.
While Jones Lang Wootton was expanding into Europe, LaSalle Partners was founded in 1968 as IDC Real Estate in El Paso, Texas. From the start, IDC’s founders believed they could do business more effectively than competitors by serving clients more professionally than was customary at the time. This strategy remained the key factor behind the success and growth of LaSalle Partners.
Driven by its vision, IDC quickly outgrew its local and regional markets for commercial real estate transactions and investment services. In 1972 its headquarters were relocated to Chicago and in 1977 IDC changed its name to LaSalle Partners.
LaSalle Partners grew rapidly during the 1970s and 1980s by expanding both its client base and its range of activities as circumstances and market opportunities presented themselves. In expanding each of its businesses, the company followed a similar pattern—identify a client need, tackle it aggressively and more professionally than anyone else, and build an initial relationship or assignment into an ongoing business.
During this time, Jones Lang Wootton continued its expansion by tapping into the enormous potential of North America, where it opened a New York office in 1975. Early growth came through the successful penetration of Midtown and Downtown New York, where thorough analysis of the market paid handsome dividends to those who followed its forecasts. The increasing flow of British, Middle Eastern and Asian money into the United States opened up opportunities for JLWto meet the needs of many foreign investors in coming to terms with different market practices and methods, valuation techniques, management functions and professional standards.
A strong foundation enabled both LaSalle Partners and Jones Lang Wootton to withstand change while providing new opportunities during the 1990s for expansion and growth. LaSalle completed five strategic acquisitions in the late 1990s including: Alex. Brown Kleinwort Benson Realty Advisors Corpora- tion, a real estate investment advisor, in November 1994; CIN Property Management Limited, a London-based investment advisor, in October 1996; the Galbreath Company, a property and development management company, in April 1997; and the project management business of the Satulah Group Inc., a project management/facilities conversion company, in January 1998. In October 1998 LaSalle acquired COMPASS Management and Leasing, Inc., the fourth-largest management services firm in the industry and a recognized leader in the facility management business, and the U.S. retail property management business of Lend Lease Real Estate Investments, Inc. In addition, in July 1997 LaSalle Partners Incorporated completed its initial public offering of the company’s common stock.
Mission
To boldly drive the evolution of our business.
Vision
To be the firm you never want to leave. In pursuit of these objectives, we attach great importance to our values of trust, fun, innovation and teamwork. Jones Lang LaSalle professionals work in a culture that fosters challenge and learning, allowing our employees to cultivate the skills they need to become leaders in our industry. We also appreciate the balance between work and personal life and are committed to creating an environment sensitive to the various needs, goals and lifestyles
of our employees.
Commitment to Diversity
Diversity Mission Statement
To respect and value the dignity, equality and uniqueness of each individual and to attract, develop and retain people whose diverse backgrounds and life experiences enable us to better serve our clients.
Why Is Diversity a Core Value of Jones Lang LaSalle?
--Jones Lang LaSalle understands the inherent value in the richness of our differences. We believe that the sum of our differences equals strength.
--Fostering a diverse workforce enables Jones Lang LaSalle to tap into a wide variety of talents, ideas and perspectives. It is essential to serving our clients and achieving our business objectives.
--The business of Jones Lang LaSalle is increasingly global. We must leverage the unique qualities of our work force to better understand and serve an increasingly diverse client base, and to develop products and services that provide a competitive advantage.
--Diversity provides a fertile environment for creativity and innovative thinking, which are essential for the success of the firm.
--Because diversity is an asset, it must be developed and managed. We will seek to attract and retain talent that represents a broad cultural base.
Our employees are our most valuable resource.
Attract and retain the highest quality people. We commit substantial resources to hire, support and train outstanding people, offering them ample opportunities to develop the experiences they need to excel.
Provide challenging assignments. We offer our people challenging assignments and provide them with the resources and authority to complete them successfully.
Maintain an open environment.
We encourage free communication and active cooperation in our open working environment.
Maintain a high level of job satisfaction. We take pride in working together, respecting and trusting our colleagues.
Share leadership and rewards. We operate as a meritocracy and believe that the people who create our success should share its rewards.
Products and Services
Jones Lang LaSalle (NYSE: JLL) is the world's leading real estate services and investment management firm, operating across more than 100 markets on five continents. The company provides comprehensive integrated real estate expertise, including management services, transaction services and investment management services on a local, regional and global level to owners, occupiers and investors. LaSalle Investment Management Inc., a member of the Jones Lang LaSalle group, is a global real estate investment leader with more than $22.5 billion (£15.0 billion) of assets under management. Jones Lang LaSalle is the industry leader in property and corporate facility management services, with a portfolio of approximately 700 million square feet (65 million square meters) under management worldwide.
Working from three geographic regions--the Americas, Europe and Asia Pacific--we offer a range of integrated management and transaction services to multinationals, corporations, institutions, occupiers and investors:
- Acquisitions
- Agency Leasing
- Consulting
- Corporate Property Services
- Development Services
- Finance
- Project and Development Management
- Property Management
- Sales
- Tenant Representation
- Valuations
Please visit our website at www.us.am.joneslanglasalle.com to view our latest News Releases.
Jones Lang LaSalle has 7,200 employees located in more than 100 key markets in 33 countries on five continents. Please visit our website at www.us.am.joneslanglasalle.com to learn more about our Career Opportunities.
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