In big news in the Kentucky commercial real estate industry, JLL has completed its acquisition of Harry K. Moore, a Louisville commercial brokerage founded in 1948. The Harry K. Moore brokerage team has nearly 200 combined years of experience.
Harry K. Moore’s Powell Spears will join JLL as managing director. Spears, who will oversee the Louisville office, will partner with Stephen Lannert, Douglas Owen and Robert Moore Jr., who are joining JLL as senior vice presidents.
“Adding Harry K. Moore’s local expertise to JLL will provide better, expanded and more comprehensive services to our clients in the fast-growing Louisville area,” said market leader and managing director JC Pelusi in a statement. “This acquisition will establish a broader leadership position for JLL’s industrial and healthcare services and complement the entire platform in the area.”
During the last decade, Harry K. Moore has closed more than 2,000 commercial transactions valued at about $1.75 billion.
Spears, a veteran of the Louisville commercial market, said that the move with JLL makes sense for his company, giving its brokers more resources to tap as they serve their clients.
“JLL’s tremendous reach and range of offerings will take us to another level in impacting our clients’ success,” said Spears in a statement. “Louisville is a central hub for the nation’s e-commerce business, and we’re confident that by joining JLL we will help our clients maximize the opportunities in the market.”