CHICAGO, LOUISVILLE—JLL currently plans to drive much of its expansion through acquisitions, and it has just acquired Harry K. Moore, a Louisville-based firm that will boost its profile in the increasingly important e-commerce sector.
The Chicago-based JLL already focuses on the e-commerce trade area between Louisville, Cincinnati, Indianapolis and Columbus, and Moore's experience in leasing, investment sales and property management services for industrial buildings will strengthen its industrial brokerage platform.
“It's becoming apparent that these cities are the key players in an e-commerce corridor that is evolving and growing,” JLL market leader and managing director JC Pelusi tells GlobeSt.com. And considering Moore's “presence and leadership position” in the sector, combining the two firms “makes an awful lot of sense.”
Harry K. Moore's Powell Spears, who will oversee the Louisville office, will join JLL as managing director along with 12 industry experts and staff. Spears will partner with Stephen C. Lannert, Douglas H. Owen and Robert W. Moore, Jr., who will join JLL as senior vice presidents and provide additional leadership for the Louisville team.
Harry K. Moore also has a strong presence in the office market, and JLL officials look forward to tapping the firm's knowledge in that sector as well. “We lack that local level of expertise,” says Pelusi, “and that, combined with their strong reputation in the region, will be a tremendous asset for JLL.”
Harry K. Moore was founded in 1948 and operates as a full-service commercial real estate firm. Over the past 10 years, the firm has executed over 2,000 commercial transactions valued at approximately $1.75 billion.
Spears tells GlobeSt.com that JLL “is the market leader in my mind,” and although Harry K. Moore has partnered with other firms in the past, this pairing gives it a unique opportunity. “JLL's tremendous reach and range of offerings will take us to another level in impacting our clients' success.” It will now, for example, have access to JLL's property management infrastructure, bolstering its existing business, and in addition, will now offer facilities management and construction management.
“Louisville is a central hub for the nation's e-commerce business,” he adds, “and we're confident that by joining JLL we will help our clients maximize the opportunities in the market.”
CHICAGO, LOUISVILLE—JLL currently plans to drive much of its expansion through acquisitions, and it has just acquired Harry K. Moore, a Louisville-based firm that will boost its profile in the increasingly important e-commerce sector.
The Chicago-based JLL already focuses on the e-commerce trade area between Louisville, Cincinnati, Indianapolis and Columbus, and Moore's experience in leasing, investment sales and property management services for industrial buildings will strengthen its industrial brokerage platform.
“It's becoming apparent that these cities are the key players in an e-commerce corridor that is evolving and growing,” JLL market leader and managing director JC Pelusi tells GlobeSt.com. And considering Moore's “presence and leadership position” in the sector, combining the two firms “makes an awful lot of sense.”
Harry K. Moore's Powell Spears, who will oversee the Louisville office, will join JLL as managing director along with 12 industry experts and staff. Spears will partner with Stephen C. Lannert, Douglas H. Owen and Robert W. Moore, Jr., who will join JLL as senior vice presidents and provide additional leadership for the Louisville team.
Harry K. Moore also has a strong presence in the office market, and JLL officials look forward to tapping the firm's knowledge in that sector as well. “We lack that local level of expertise,” says Pelusi, “and that, combined with their strong reputation in the region, will be a tremendous asset for JLL.”
Harry K. Moore was founded in 1948 and operates as a full-service commercial real estate firm. Over the past 10 years, the firm has executed over 2,000 commercial transactions valued at approximately $1.75 billion.
Spears tells GlobeSt.com that JLL “is the market leader in my mind,” and although Harry K. Moore has partnered with other firms in the past, this pairing gives it a unique opportunity. “JLL's tremendous reach and range of offerings will take us to another level in impacting our clients' success.” It will now, for example, have access to JLL's property management infrastructure, bolstering its existing business, and in addition, will now offer facilities management and construction management.
“Louisville is a central hub for the nation's e-commerce business,” he adds, “and we're confident that by joining JLL we will help our clients maximize the opportunities in the market.”
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Brian J. Rogal
Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.
