third-quarterclosing.

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"The first order of business is to try to get people doingbusiness together," John A. Gates, JLL's soon-to-be president ofbrokerage for the Americas, tells GlobeSt.com. "It's a spread-sheetexercise. It will be months in the making, but it's important toget people working together." Dallas-based Staubach has 600 localmarket brokers in more than 70 offices in the US, Canada and Mexicowhile Chicago-based JLL has 100 local market brokers in its 54offices in the US, Canada and Latin America.

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In terms of space, Staubach leases 475,000 sf in its markets andJLL, 720,000 sf. When the shifting is done, Gates says "the neteffect on net absorption should be pretty neutral." Local markettenant rep teams will be pulled together based on theirspecialties. But, the logistics decision also will weigh leaseexpirations, expansion capabilities and locations.

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Using Dallas as an example, Gates says both offices are nearlyfull. He says the entire team and its founder Roger Staubach arestill planning to move in May 2009 to Staubach's under-constructionheadquarters building from their Addison Circle offices. The141,000-sf, class A office building at 8343 Douglas Ave. alsowill house Staubach Retail and Cypress Equities, which willremainindependent of the JLL-branded new company. He says thefate of JLL's Galleria office will be decided later.

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JLL's William Krouch will continue as CEO of the Americas'market business for the 700-strong brokerage team. Gates says thepost-merger brokerage team will be focused on locking in marketshare in as many markets as it can. The marriage automaticallyprovides that edge in several markets, including Dallas/Fort Worthand Washington, DC--homeport for Staubach CEO Greg O'Brien--who hasbeen named CEO of brokerage for the Americas. The books are stillbeing reviewed, so the exact number isn't available. "But, we thinkwe'll be in market-leading positions in nine or 10 markets," Gatessays.

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Gates, now Staubach's president and COO, says the integrationgoal is to keep brokerage deals flowing smoothly withoutinterruption before, during and after the marriage goes intoeffect. "We want to make sure our people can keep doing whatthey're doing, especially the revenue producers from Day One," hestresses, "and then we can work on additional resources for each ofthe legacy teams."

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When the honeymoon begins, JLL will have 14 new corporateoffices in the US, thanks to Staubach. In Texas, the post-mergerJLL will get offices in Austin, Fort Worth and San Antonio. InCalifornia, it adds Oakland and Walnut Creek. The Florida additionis Tallahassee and Tampa and the Nevada positions are Las Vegas andReno. The deal also opens doors for JLL in Bethesda, MD,Cincinnati, Kansas City, Memphis and Murray Hill, NJ.

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