Jones Lang LaSalle Inc. $(JLL)$ has expanded its property management operations through a new assignment with IRA Capital, a private equity real estate firm specializing in U.S. healthcare properties. JLL will manage two recently acquired portfolios comprising 40 medical office buildings and totaling approximately 2 million square feet across 13 states, with concentrations in Florida, Illinois, Indiana, and Texas. This brings JLL’s total managed portfolio for IRA Capital to 64 properties and over 3.3 million square feet nationwide. The partnership will leverage JLL’s advanced technology and healthcare property expertise to optimize asset value and tenant satisfaction.
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