JLL to Acquire Smart Building Specialist CoR Advisors
Acquisition to complement and augment JLL’s growing focus on high-performance buildings
CHICAGO — JLL has signed a letter of intent to acquire CoR Advisors, a smart building consulting and solutions business. Founded in 2009 by Darlene Pope, CoR Advisors specializes in helping transform buildings into energy efficient, high-performance facilities. The acquisition is expected to close this month.
“The acquisition of CoR Advisors will reinforce our commitment to provide our clients the highest level of comprehensive energy management and sustainability services by deepening our capabilities to deliver smart building integration systems,” said Dan Probst, chairman of JLL’s Energy and Sustainability Services group. “CoR’s strong brand, reputation for excellence, and focus on client service make it a perfect cultural and business fit with JLL.”
Pope will serve as senior director for JLL’s Energy and Sustainability Services in the U.S. She has 25 years of experience in commercial real estate, technology, and smart building solutions. She founded and heads the annual Building Energy Summit®, a national forum to educate building owners and operators on energy efficient technologies and solutions. She is a nationally recognized author and speaker on intelligent buildings, energy management, green buildings, sustainability, in-building wireless solutions, and other real estate technologies.
“Joining JLL will provide a tremendous opportunity to expand CoR Advisors’ services and solutions to thousands of buildings throughout JLL’s management portfolio, including 3.4 billion square feet of owner-occupied and investor-owned buildings throughout the world,” said Pope. “Combining our energy efficiency advisory and education services with JLL’s broader platform will create a powerful, progressive, and differentiated suite of fully integrated energy management and smart building services.”
JLL said CoR Advisors’ expertise in smart building integrations systems will complement and augment its growing focus on high-performance building technology solutions, including IntelliCommand™, JLL’s smart building system now used in more than 120 buildings, representing approximately 30 million square feet.
JLL is the brand name of Jones Lang LaSalle Inc. For more information, visit www.jll.com.
Publication date: 6/15/2015