JLL revs up CRE technology with Building Engines

JLL is excited to announce it has reached an agreement to acquire Boston-based Building Engines, the leader in building operations technology. The $300 million deal is slated to close toward the end of 2021 and will expand our offerings and technology leadership across the corporate real estate (CRE) industry.

Building Engines’ cloud-based building operations platform, Prism, unites previously disparate technologies and processes into a single, easy-to-use solution. Prism integrates with more than 30 existing building operations tools—including software that JLL uses and invests in through its Spark venture capital fund.

JLL’s deep industry experience and JLL Technologies’ (JLLT) tech expertise, combined with Building Engines’ innovative platform, promise to advance the digital transformation of corporate and commercial real estate.

Published on
October 21, 2021

By JLLT Technologies