Business Facilities - December 2008 - (Page 47)

As the companies integrated, its leaders had to face issues such as how to address overlap in markets, as well as in employee functions and physical space. Staubach added more than 1,000 employees and 14 corporate offices to Jones Lang LaSalle, which previously had 54 offices in the Americas. (It now has 184 offices worldwide.) New office locations are in Austin, TX; Bethesda, MD; Cincinnati, OH; Walnut Creek, CA; Fort Worth, TX; Kansas City, KS; Las Vegas, NV; Memphis, TN; Murray Hill, NJ; Oakland, CA; Reno, NV; San Antonio, TX; Tallahassee, FL; and Tampa, FL. One of the biggest challenges of combining operations, Krouch says, dealt with space occupancy and putting offices in a given market under one roof, and doing it seamlessly so as not to affect the brokers or disrupt business. Executives from both sides made it a priority to get their teams together, partnering on an integrated business model. There were many areas where the firms had crossover, so it became a priority to focus on the physical space challenges even before the firms announced the merger. Gates notes the importance of seeing that people with similar functions be in the same location. Where he works, in Dallas, for example, offices will be combined and in seven months Jones Lang LaSalle employees will be in one building. “We’re working to say, ‘The legacy brokers from both firms, let’s get them in the same building, and let’s get capital mortgage folks in the same building, and let’s get folks who are doing project management in the same building.’ And then let’s also say, ‘What adjacencies do we need to have amongst those groups—project management folks, at least some of them work closely with the brokers, so let’s try to have the project management folks in the same building.’ We’re shooting some folks down the street and bringing other folks back up the street,” Gates says, adding that the firm has leases expiring in certain markets, and the company will sublease space Gain Advantage in THE Southern European Market Establish your base in Languedoc-Roussillon - France Bausch & Lomb • An outstanding location at the heart of Mediterranean Europe with easy access to Spain and Italy, • The fastest rate of population growth in France, • A leading region for the growth of GDP and for sustainable development, • An interactive know-how of universities, research institutes and businesses, • A tight mesh of communication infrastructures, • A gorgeous quality of life. Chosen by Dell, HORIBA ABX, IBM, Mars, Monsanto, Novartis, Owens Corning, Owens Illinois Your one-stop shop: Invest Languedoc-Roussillon Eca Hytec Underwater Robot H1000 The region’s inward investment agency prov incentives to foreign investors and accelerates parterships in industry, technology and logistics. Free of charge and fully con www.invest-lr.com invest-lr@invest-lr.com #5330 at www.BusinessFacilities.com BUSINESS FACILITIES 47 http://www.invest-lr.com http://www.invest-lr.com http://www.BusinessFacilities.com

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Business Facilities - December 2008 Contents First Word Snapshots Corporate Moves: North Carolina Gold Award: New Engine for Growth in Virginia Silver Award: Tennessee Gets the Big Prize Bronze Award: Enrichment in Idaho Falls Honorable Mentions International Reach From America's Heartland Supply Chain Priorities Metro Spotlight: Greenville/ Spartanburg, SC The Magnolia State Has It All A Real Estate Mega-Merger State of the Year Ask the Expert Advertiser Index

Business Facilities - December 2008

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