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July 25, 2019
Jones Lang LaSalle recently completed its $2 billion acquisition of Holliday Fenoglio Fowler (HFF), which has resulted in many recent personnel moves among the two companies. Now JLL has announced that Chris Hughes will lead the combined Bellevue office.
JLL's Joe Smurdon said in a statement, “We see a huge opportunity for the Eastside and we want to be a part of it.” Hughes added, “The Eastside market is still evolving, but its momentum over the past few years isn't showing any signs of slowing. Office vacancy in the Bellevue CBD is at 3.9 percent and demand isn't slowing down. People are already taking spaces, and in some cases entire buildings, that won't be available until 2023.”