JLL has tripled its number of valuation professionals in the NYC tri-state area by acquiring Metropolitan Valuation Services (MVS), one of the largest independent commercial property appraisal and real estate consulting firms in the area.

This gives JLL a "powerhouse during a period of intensive pricing discovery," the company said in a release.

MVS's core competency extends to multi-housing, CBD and suburban office buildings, industrial/warehouse and shopping/retail properties, land, property transfers and market rent studies and appraisals for HUD section 8 properties. 

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