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Relationships Key in JLL's MKP Acquisition

HOUSTON-In this UPDATE to a previous story, Means Knaus' Doug Knaus and Jones Lang LaSalle's Dan Bellow talk to GlobeSt.com about long-term relationships and effective service platforms.

By Amy Wolff Sorter | Updated on August 27, 2013

HOUSTON-Doug Knaus, one of the founding partner of Means Knaus Partners, says the very recent acquisition of MKP by Jones Lang LaSalle started, in earnest, about five months ago.  “We had some of the first conversations with JLL about a year or so ago,” he adds. “In the past five months, it became more apparent that the decision was the right course for our company, at this point in the structure.”

Though the JLL-MKP acquisition was months in the making, Knaus tells GlobeSt.com that, in actually, the conversation started close to 30 years ago. “These were relationships with people who worked at some of JLL’s predecessor companies,” he observes, pointing out that, for example, during the early 1980s, he worked with Dan Bellow, who is now president of JLL-Houston in the early 1980s. “I go across the system with a lot of people,” Knaus says. “I’ve had a lot of good, strong relationships for 25 to 30 years.”

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