Jones Lang LaSalle Acquires Means Knaus Partners - Quick Facts

(RTTNews) - In a move to expand its third-party property management expertise, Jones Lang LaSalle (JLL) Monday acquired Means Knaus Partners, a Houston-based privately-held property management company.

The deal will boost Jones Lang LaSalle's portfolio of office space under management by about 16 million square feet with properties located primarily in Chicago, Dallas, Denver, Houston, Los Angeles, Orlando and Tampa.

Means Knaus Partners manages 80 prime metropolitan office assets throughout the United States. Doug Knaus, its CEO, will join Jones Lang LaSalle as an International Director, along with nearly 100 employees.