ABM Industries Family of Services Awarded Jones Lang LaSalle Contracts.Business Editors SAN FRANCISCO--(BUSINESS WIRE)--Nov. 8, 2001 The ABM ABM: see guided missile. ABM - Asynchronous Balanced Mode Janitorial and American Commercial Security subsidiaries of ABM Industries Incorporated (NYSE NYSE See: New York Stock Exchange :ABM) have been awarded multi-million dollar service contracts with Jones Lang LaSalle Jones Lang LaSalle (NYSE: JLL) is a major real estate and money management services firm headquartered in the Aon Center in Chicago, Illinois and the only company in its industry making it into Fortune magazine's list of the 100 Best Places to Work in the U.S. (NYSE:JLL JLL Jones Lang LaSalle (real estate service and investment management firm) JLL Junior League of London JLL Junior League of Louisville JLL Joint Lessons Learned JLL Junior League of Lincoln JLL Junior League of Lynchburg ), an industry leader in property and corporate facility management services. The contracts include both building maintenance and guard service for seven premier office properties located throughout the Greater Sacramento area. "ABM is pleased to be of service to one of the world's most prestigious and successful real estate companies," said Gary Wallace, senior vice president for business development and chief marketing officer for ABM Industries. "We look forward to providing Jones Lang LaSalle with state-of-the-art facility services, as well as enhanced maintenance and security technologies," he added. "Our decision to retain ABM was primarily based on the fact that they have a very strong presence in the local market and that they are equipped to serve our requirements for utilizing top technical expertise and resources for our properties," said Betsie Goulart, vice president and general manager for Jones Lang LaSalle. Jones Lang LaSalle is the world's leading real estate services and investment management firm, operating across more than 100 key markets on five continents. The company provides comprehensive integrated expertise, including property and corporate facility management, transaction services and investment management core services on a local, regional and global level to owners, occupiers and investors. LaSalle Investment Management, the company's investment management business, is the world's second largest and most diverse real estate investment management firm, with $23 billion of assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . For more information about Jones Lang LaSalle, visit www.joneslanglasalle.com. ABM Industries Incorporated is the largest facility services contractor listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . With annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. revenues in excess of $1.9 billion and more than 60,000 employees, ABM provides air conditioning, elevator, engineering, janitorial, lighting, parking and security services for thousands of commercial, industrial, institutional and retail facilities in hundreds of cities across North America. In addition to ABM Janitorial Services and American Commercial Security (ACSS ACSS Africa Center for Strategic Studies ACSS Aluminum Conductor Steel Supported (cable) ACSS African Crop Science Society ACSS Association of Computer Support Specialists ACSS Aviation Communication and Surveillance Systems ), the ABM Family of Services includes American Building Maintenance, Ampco System Parking, ABM Engineering, Amtech Elevator, Amtech Lighting and CommAir Mechanical. |
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