Chicago-based real estate management firm Jones Lang LaSalle has acquired a consulting firm that uses technology to help healthcare facilities comply with building regulations.
A mobile platform created by Lombard, Ill.-based Advanced Technologies Group gathers data and generates documentation when buildings are being planned, constructed and managed. Agencies such as the CMS and the Joint Commission require healthcare facilities to follow certain standards, including requirements for fire prevention and safety risks to patients and employees during construction and maintenance.
Jones Lang LaSalle, also known as JLL, did not disclose financial details on the agreement. The firm acquired two other real estate technology companies in July and last December.
JLL provides facility management services for 136 acute-care hospitals and over 133 million square feet of healthcare-related facilities, including inpatient and outpatient buildings. ATG's 90-person team will join JLL's healthcare group, and ATG CEO Mike Hakbaz will oversee compliance-related services.
Growing technology is a priority for JLL. The company launched a data platform last year called RED that brings facility information, business intelligence and analytics to help facility managers make better-informed, speedier decisions.
“Our clients' needs are evolving rapidly, and we're committed to staying one step ahead, anticipating those needs now and into the future,” said John Forrest, global and Americas CEO for JLL corporate solutions, in a statement. “Bringing ATG's innovative capabilities together with technologies like Corrigo and RED keeps us at the forefront of commercial real estate innovation.”
