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Darlene Pope joining JLL to expand energy efficiency and smart building expertise
CHICAGO, June 4, 2015 – Adding to the comprehensive scope of energy services it provides owners and operators of real estate, JLL (NYSE:JLL) has signed a letter of intent to acquire CoR Advisors, a smart building consulting and solutions business. Founded in 2009 by Darlene Pope, CoR Advisors specializes in transforming buildings into energy efficient, high-performance facilities. Through a strategic approach of education, consulting and solutions, CoR Advisors is recognized as a thought leader in energy efficiency with a network of thousands of subscribers and followers. Darlene Pope joined JLL on June 1 and the acquisition is expected to close this month.
“The acquisition of CoR Advisors will reinforce our commitment to provide our clients the highest level of comprehensive energy management and sustainability services by deepening our capabilities to deliver smart building integration systems,” said Dan Probst, Chairman of JLL’s Energy and Sustainability Services group. “CoR’s strong brand, reputation for excellence and focus on client service make it a perfect cultural and business fit with JLL.”
Pope will serve as Senior Director for JLL’s Energy and Sustainability Services in the U.S. She has 25 years of experience in commercial real estate, technology and smart building solutions, along with a passion for making a positive impact on building operations and management. She founded and heads the annual Building Energy Summit®, a national forum to educate building owners and operators on energy efficient technologies and solutions. She is a nationally recognized author and speaker on intelligent buildings, energy management, green buildings, sustainability, in-building wireless solutions and other real estate technologies.
“Joining JLL will provide a tremendous opportunity to expand CoR Advisors’ services and solutions to thousands of buildings throughout JLL’s management portfolio, including 3.4 billion square feet of owner-occupied and investor-owned buildings throughout the world,” said Pope. “Combining our energy efficiency advisory and education services with JLL’s broader platform will create a powerful, progressive and differentiated suite of fully integrated energy management and smart building services.”
CoR Advisors’ expertise in smart building integrations systems will complement and augment JLL’s growing focus on high-performance building technology solutions, including IntelliCommand™, JLL’s smart building system now used in more than 120 buildings, representing approximately 30 million square feet.
Before founding CoR Advisors, Pope was a Managing Partner at Realcomm, where she founded and managed the company's professional development division and magazine. Pope has been an active member of Building Owners and Managers Association (BOMA), Continental Automated Buildings Association (CABA), Commercial Real Estate Women (CREW), U.S. Green Building Council (USGBC), and the In-Building Wireless Alliance (IBWA).
About JLLJLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $55.3 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.
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