SAN JOSE, Calif., Oct. 7 /PRNewswire-FirstCall/ -- Cisco Systems, Inc. has renewed and expanded its strategic alliance partnership with real estate services firm Jones Lang LaSalle encompassing transaction management, lease administration and surplus property management services for its 24 million-square-foot global portfolio. The alliance partnership is extended for five years.
"This is a significant win for our firm," explained William Legge, International Director with Jones Lang LaSalle's Corporate Solutions group. "We are excited about our expanded role with the world leader in Internet networking and pleased to be supporting Cisco's Workplace Resources Group as it strives to attain its goal of global operational excellence."
He added, "Cisco has been an important client of ours for more than eight years. Since 2001, we have been successfully delivering real estate services to help Cisco achieve its operational goals."
"Jones Lang LaSalle's track record and impressive global platform convinced us that they are the best firm for this expanded assignment," said Alan McGinty, Director, Global Partner Strategies of Cisco. "With their help, we are confident that the Workplace Resources Group will continue to add value to operations and align with our corporate goals."
According to David Wagner, Sr. Director, Cisco Workplace Resources, "Our organization is focused on operational excellence. A key component of that pursuit is the development of a universal, scalable platform that can be consistently and rapidly leveraged on behalf of our portfolio and clients. JLL offers an established global platform, demonstrated capability, resources, expertise, and passion to take on this assignment for Cisco. We're expecting great outcomes from this engagement."
Leading the Jones Lang LaSalle account team on behalf of Cisco are Benjamin Bader, Executive Vice President, in Chicago and Cynthia Rock, Senior Vice President, in San Francisco.
About Jones Lang LaSalle
Jones Lang LaSalle 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 2008 global revenue of $2.7 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 1.4 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 more than $36 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.
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Jones Lang LaSalle
