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JLL Agrees to Acquire Raise CRE to Enhance Leasing Technology
JLL has reached an agreement to acquire Raise Commercial Real Estate, a technology-powered brokerage that provides client solutions using a digital real estate platform.
Raise provides a cloud-based application designed to seamlessly help clients and their advisors integrate at every stage of the leasing lifecycle – from transaction and lease management to workplace and portfolio analytics. This technology will supplement JLL’s existing leasing technology, such as Blackbird, to continue helping brokers advise clients to make confident business decisions.
“The acquisition of Raise illustrates our global, tech-powered approach and commitment to delivering consistent excellence for our clients at all stages of the leasing cycle,” said Andy Poppink, CEO, Markets Advisory, JLL.
Raise’s Co-Founder and CEO of Raise, Justin Bedecarre, will report to Andy Poppink as Head of Americas Leasing Innovation and will be responsible for leading Raise’s integration into JLL. “As we become a part of JLL we look forward to seamlessly integrating and expanding Raise’s reach, bringing our approach to JLL’s clients around the world,” said Bedecarre.
