JLL Merger Left to right: T.D. Briggs, David Carroll, John Myers and Joel Pustmueller make up the leadership team joining JLL.

DALLAS/HOUSTON—JLL has agreed to acquire Peloton Commercial Real Estate, a leasing and property management firm based in Texas. The acquisition of the Dallas and Houston offices accelerates the growth of JLL's agency leasing and property management businesses and brings a wealth of experienced professionals to serve clients. More than 130 Peloton professionals will join JLL. The acquisition is scheduled to close within the next few weeks, subject to customary closing conditions.

Peloton co-founding partners Joel Pustmueller and T.D. Briggs will join JLL's Jeff Eckert in leading the integration of the teams and driving growth across the region, Pustmueller and Briggs will focus on Dallas–Fort Worth and Houston, and Eckert will focus on Austin and San Antonio in addition to Dallas–Fort Worth.

Peloton property management partner John Myers will assume regional leadership of property management for Dallas–Fort Worth. Pustmueller, Briggs and Myers will report to David Carroll, JLL's market director for the South Central region.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.