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JLL company history timeline

1806

Richard Winstanley's son, James, joined the Paternoster Row business in 1806, working as an auctioneer alongside his father.

1840

James Winstanley eventually inherited full control over the business, operating it as a sole proprietor until he formed a partnership with James Jones in 1840.

1860

1860: The London business moves from Paternoster Row to King Street and eventually becomes known as Frederick Jones and Co.

1872

When Frederick Jones retired in 1872, his partner, C.A. Lang, became sole proprietor of the business, renaming it Jones Lang and Co.

1872: Company is renamed Jones Lang and Co.

1958

In 1958, the company established offices in Sydney and Melbourne, embarking on its involvement in buying, selling, and in the investment management of real estate assets.

1965

An office was opened in Brussels in 1965, paving the way for expansion into Holland, France, and Germany.

1966

William Sanders founded real estate company International Development Corp in 1966 in El Paso, Texas.

1968

The company was founded in 1968 as IDC Real Estate, a small El Paso, Texas-based firm that grew quickly.

1972

The company soon exhausted the opportunities available to it in commercial real estate and investment transactions in El Paso, prompting its founders to relocate to Chicago in 1972.

1975

1975 JLW opens its first US office in New York.

1976

By 1976, Jones Lang Wootton expanded into the United States real estate market in New York City.

1977

In 1977, the company changed its name to LaSalle Partners.

1978

1978 LaSalle Partners forms an investment management subsidiary in Chicago and names it LaSalle Advisors.

1980

1980 LaSalle Advisors establishes its first commingled fund: LaSalle Street Fund.

1981

1981 LaSalle Advisors wins first US separate account mandate.

1987

1987 Jones Lang Wootton Fund Management incorporates in London to conduct all of Jones Lang LaSalle's fund management services.

1993

1993 LaSalle Advisors publishes the first Investment Strategy Annual.

1996

LaSalle Partners made an initial public offering in 1996.

1998

In its last major transaction before its merger with Jones Lang Wootton, LaSalle Partners acquired the United States retail property management business of Lend Lease Real Estate Investments, Inc., completing the deal in October 1998.

Worldwide, the company generated $482.5 million in revenue in 1998, with approximately three-quarters of the total derived from its activities in Europe and North America.

1999

Although not created in name until 1999, JLL enjoyed a rich history stretching back to the 18th century.

2000

2000 LaSalle expands into Canada.

2002

In January 2002, Christopher Peacock succeeded Scott as chief executive officer, leaving Scott to concentrate exclusively on his role as JLL's chairman.

LaSalle Investment, with $22 billion of assets under management by 2002, assisted customers in buying, selling, and managing property, offering services such as property development, property management, project management, leasing, and tenant representation.

2004

2004 LaSalle expands into Mexico.

2008

JLL purchased The Staubach Company in 2008.

2010

2010 LaSalle is granted a license to launch a regulated investment management company Kapitalanlagegesellschaft (KAG) for Immobilienfonds.

2011

The combined business, with 2,700 employees and 43 offices, created the largest property agent in the UK, as reported by The Telegraph in 2011.

JLL merged with UK-based King Sturge in a £197 million deal in 2011.

2012

2012 LaSalle acquires JER European fund management business.

2013

2013 LaSalle named one of the 'Best Places to Work in Money Management' by Pensions & Investments.

2014

2014 LaSalle raises a record $8.9 billion of net equity commitments.

2015

2015 LaSalle's sister company, JLL, named to the Fortune 500 list after reporting a record-high gross revenue of $5.4 billion.

The company acquired Irish-based Guardian Property Asset Management in 2015.

2016

LaSalle Investment Management, a subsidiary of JLL, managed $58 billion in real estate investments for institutional and retail clients, as of 2016.

JLL had acquired 80 companies and established 100 offices worldwide by 2016.

2017

The company expanded from commercial real estate services to include property technology or "proptech", with the 2017 launch of its JLL Spark division.

2018

2018 LaSalle named one of the 'Best Place to Work in Money Management' by Pensions & Investments for the third consecutive year.

2019

JLL announced the acquisition of HFF in a deal worth $2 billion in March 2019.

2019 LaSalle launches its United States debt platform, LaSalle Mortgage Real Estate Investors.

2021

In August 2021, JLL announced the acquisition of Skyline AI.

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JLL may also be known as or be related to JLL, Jll, Jones Lang LaSalle IP Inc, Jones Lang LaSalle Incorporated, Jones Lang Lasalle Incorporated and Jones Lange Lasalle Inc.