Chicago’s JLL Acquiring Dallas Real Estate Firm HFF in $2 Billion Deal

Commercial property company Jones Lang LaSalle is buying Dallas’ HFF, one of the country’s biggest investment property brokers and real estate finance firms, in a $2 billion deal. It will become part of Chicago-based JLL in a cash and stock transaction expected to close in the third quarter of this year. HFF has handled some of North Texas’ biggest real estate buys and since 1998 has closed more than $800 billion in property transactions. Last year the company, based in Dallas’ Victory Park, had revenues of more than $650 million. Click to read more at