Regions Midwest | Chicago
Jones Lang LaSalle, TR Advisors to Manage Chicago Transit Authority RE
Aug 12, 2008

The Chicago Transit Authority selected Jones Lang LaSalle Inc. in partnership with TR Advisors to manage certain of its real estate assets. Jones Lang will focus specifically on three tasks: serving as Chicago Transit's real estate broker, securing concessions at the firm's stations, and increasing efforts to establish transit-oriented development across the Chicago Transit system. This is the first time the Chicago Transit Authority has outsourced management of its real estate portfolio. Leading the Jones Lang LaSalle/TR Advisors team are Kurt Little, managing director of Jones Lang LaSalle, and Lorna Moritz, executive director of TR Advisors.

 
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