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Robust leasing activity and office building purchases drop NJ vacancy rate to 25.6 percent
Jones Lang LaSalle’s team of in-house research professionals compiles the office market report, which provides an extensive analysis of the New Jersey real estate office market. The firm is regarded as one of the most respected full-service brokerage, management and advisory firms in the commercial real estate industry. About Jones Lang LaSalleJones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2009 global revenue of $2.5 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.6 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with approximately $38 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.