Cases & Deals

Jones Lang LaSalle fund buys 51 percent ownership stake of 12-property portfolio of shopping centers in New York and New Jersey area

Client(s) Jones Lang LaSalle Incorporated

Jones Day advised Jones Lang LaSalle Incorporated in connection with an advised fund participating in the buyout of a 51 percent ownership stake of a 12-property portfolio of shopping centers in the New York and New Jersey area. The advised fund was previously an investor in the vehicle that owned the 49 percent stake in the 12-property portfolio.