Jones Lang LaSalle Inc.

On June 25, as tennis lovers raptly followed the progress of Rafael Nadal and Roger Federer, Serena Williams and her sister Venus on the grass courts in England, a separate Wimbledon drama was happening stateside.

That day, JP Morgan Investment Management closed on the purchase of The Wimbledon from P&H Associates. The building, a 28-story, 230-unit apartment complex at 200 East 82nd Street on the Upper East Side, sold for $150 million.

“The credit crunch has taken its toll on the multifamily market in Manhattan over the last year, with very few transactions completed, but the sale of The Wimbledon ─ at such a strong pricing level ─ verifies there is still a market for prominent buildings with strong fundamentals,” said Jubeen Vaghefi, a managing director at Jones Lang LaSalle, in a statement.  read more »

There's still more fallout from the CB Richard Ellis-Trammell Crow Company merger. Jones Lang LaSalle has picked up an entire team of six from the old New York TCC. The team, led by veteran broker Jim Quinn, comes to JLL after CBRE bought Trammell last December.

CBRE wasn't exactly jumping at the chance to extend offers to New York's TCC brokers. The company deliberated for over a month and gave offers to fewer than half of the team of 24, according to inside sources.

Some left just because they didn't want to work at 200 Park Avenue. As The Observer first reported, broker Bob Hackett got an offer but decided to go to Jones Lang LaSalle anyway.

And now he'll be joined by six of his former colleagues.  read more »

Full release after the jump.

- John Koblin

The submissions are in! The Real Estate Board of New York has announced the nominees for its Ingenious Deal of the Year awards (the Ingenies, perhaps?) in leasing, sales and finance.

Here is a breakdown for number of submissions, by firm:

Leasing Cushman & Wakefield: 6 CB Richard Ellis: 6 Jones Lang LaSalle: 1 Grubb & Ellis: 1 ABS Real Estate Partners: 1 Sales Studley: 2 Massey Knakal: 1 CB Richard Ellis: 1 Finance: The Singer & Bassuk Org: 1

All in all, CB Richard Ellis put together one more submission (7) than Cushman & Wakefield (6). But you see how much that helped Dreamgirls!

There will be three winners, one from each category, to be announced April 17.

All the deals, brokers and nominees after the jump.  read more »

- John Koblin

It’s looking good these days for downtown Manhattan to become one of the great commercial real  read more »

So Trammell brokers are fleeing CBRE in other cities too! News comes today that Jones Lang LaSalle snatched an entire Trammell team in Philadelphia. The new team is composed of all Philly experts and includes William G. Luff, Kenneth R. Zirk, Drew McGowan and Stephanie Brill.

Of course, CBRE only extended a few invitations to New York City Trammelities (The Observer has written about that here and here).

Jones Lang LaSalle has been busy plucking city Trammell brokers too: They grabbed Bob Hackett a few weeks ago.

- John Koblin

Bucking a recent trend for media and publishing, Simon & Schuster isn’t moving. For now.  read more »

Well, some good news for 1095 A of A: The MetLife deal is done. They'll take 12 floors and 410,000 square feet from landlord Equity Office Properties in the fourth quarter of 2008.

The release says that MetLife will keep a "substantial ongoing presence" in super-spurned Long Island City. Whatever. It's all further evidence that no one wants to take the E or V train.

But don't tell that to the Elghanayans.

Release after the jump.  read more »

- John Koblin