August, 2018 – Jones Lang LaSalle Inc. (“JLL”) acquired Northwest Atlantic Inc., a Canadian retail-tenant representation and advisory firm, to feed the growing demand from retailers around the world looking to expand in Canada.
With 25 years of experience and over 75 million square feet of retail space leased and/or sold, Northwest Atlantic Inc. represents Canada’s preeminent, retail real estate advisory firm, with a best in class client list ranging from large international retailers to smaller single location storefront operators.
JLL, based in Chicago, is the largest third-party retail-property manager in the U.S. by total square feet of assets under management. It has been expanding its retail-advisory services since 2015 and is looking to increase its presence in Canada because of the stability of its retail market.
CCC Investment Banking (“CCC”) acted as the exclusive financial advisor to Northwest Atlantic Inc.