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CHICAGO-Jones Lang LaSalle has been chosen to be the global real estate advisor for adidas Groups, headquartered in Herzogenaurach, Germany. Jones Lang LaSalle will be the advisor for adidas Group’s approximately 265 corporate properties around the world, says John Duffy, senior vice president with Jones Lang LaSalle. Duffy said he could not disclose the length of the agreement with adidas or compensation.

The Chicago firm “is going to be their exclusive provider of transaction management services and their preferred provider for other corporate real estate services, lease administration, project management, facilities management and strategic planning,” Duffy says. Jones Lang LaSalle will not be handling adidas Group’s retail locations, but all other property, which is approximately 12 million sf.

Jones Lang LaSalle will also be working on “a number of integration related projects,” Duffy says. “They are looking in terms of how they can best consolidate and combine their real estate locations around the world, what makes sense and what does not.”

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