Tag Archives: acquisition

JLL’s acquisition of CLEO Construction Management featured in the media

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Acquisition meets growing needs of healthcare facilities with expanded, specialized real estate services in West

2014-PDS-CLEO-AcquisitionJLL’s acquisition of CLEO Construction Management was featured in the media including Reuters, GlobeSt.com, RENTV. Orange County Business Journal, and the Los Angeles Register.

The transaction will enable JLL, already a leading provider of comprehensive facility management,… Read More

JLL Acquires Healthcare Project Management Leader CLEO Construction Management

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Acquisition meets growing needs of healthcare facilities with expanded, specialized real estate services in West

As owners of healthcare facilities increasingly pursue expansions and renovations to meet the growth demands of their patient communities, JLL (NYSE: JLL) is expanding its healthcare-focused real estate services by acquiring CLEO Construction Management (CLEO), a prominent construction project management services firm that specializes in medical facilities. The transaction will enable JLL, already a leading provider of… Read More

JLL secures $54.7 million credit tenant lease financing for Santa Monica medical building

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Michael W.Folonis Architects 16th St MOB Photography by Tom Bonn

On behalf of their client Montecito Medical, Jones Lang LaSalle’s Capital Markets experts announced the firm has structured a Credit Tenant Lease (CTL) financing for the acquisition of a 51,342-square-foot outpatient surgery and oncology treatment facility located at 1217-1231 16th Street in Santa… Read More

Rent gap widens between West side and downtown

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2013-Morales-Tony-GlobeStGlobeSt.com met with JLL’s Managing Director Tony Morales to discuss the widening 10% rent gap between downtown L.A. and the West side.

West side tech startup and media company tenants seeking open collaborative spaces  drive rent volatility due to strong growth rates. Meanwhile the transforming downtown L.A. market may… Read More