Archive for July, 2010

Where we are 2 years post merger

July 24, 2010

It was two years ago this month that the Staubach Company merged with Jones Lang LaSalle.  Just like in sports, it’s important to put the team agenda ahead of the personal agenda.  Despite our great 30 years as The Staubach Company, I felt we needed a broader global platform to fully service our clients.  We are very fortunate to have made such a good match with Jones Lang LaSalle.  Two years later, I know it was definitely the right decision.  Here in Dallas, we are all together in one office, and so far the two firms have  transitioned smoothly into one team.

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Being an ex-football player working in real estate

July 16, 2010

Being a former football player is an icebreaker – it’s a commonality I have with people.  If they are over 35, they might remember me playing, especially if they are Cowboys fans. 

The thing a lot of people don’t realize is how long I have been in the real estate field – 40 years, which is much longer than I played football. I started working for Henry S. Miller here in Dallas in the off-season when I was still a back-up quarterback.  In those days, they did not pay football players near what they do now.  We already had 3 little girls (3, 4 and 8 years old), and I needed to work to earn money.  I have often thought that was a blessing.  Lots of the athletes today don’t have to work – and if I had been single I might not have had to.  But you can’t play golf everyday.  You’ve got to be doing something – and investing and building in something. 

When I started at Henry S. Miller, they gave me a key and a phone.   I would make calls and try to get something done, but being the backup quarterback of the Cowboys does not give you credibility in real estate.  So, I learned how to work with the right people in the company and use my strength, which was calling, and their strengths, understanding the complexity of the deal.  The longer you are involved in it, the more credibility you have.  If I had not started when I did, it would have been a lot harder for me once I was retired.  It would have been starting from scratch.

Next week I’ll discuss more about how Jones Lang LaSalle is doing now, 2 years post merger.

Follow up to “If I were LeBron James…”

July 9, 2010

LeBron is so good that I still thought Cleveland could have had a championship team with him.  You just have to get the right mix, and they could have done  it.  Maybe not this year, but they could have done it.  I guess now we’ll have to wait to see what happens with Miami.

If I were LeBron James…

July 8, 2010

I would stay with Cleveland.  You have to stay with the town and the fans – it’s his town! 

Tune in tomorrow for more after LeBron James decides which city to call home.

The Super Bowl – showcasing North Texas

July 1, 2010
Notes from our researcher, Steve Triolet
Those of us currently living in North Texas already know many of the reasons why the Dallas/Fort Worth area is a great place to live and work–warm weather (okay hot weather nearly half the year), a business friendly environment, and an affordable cost of living.  What you may not realize is that Texas, particularly Dallas and Houston, is more often than not on the short list of locations that business leaders evaluate when they consider relocating or expanding their perspective businesses.  DFW is an attractive target for relocations and expansions because of our growing labor force (we had the largest population growth of any major MSA over the past year), lower priced real estate (both homes and commercial real estate) and tax advantages (no state income or corporate income tax).  We here at Jones Lang LaSalle discuss these issues every day with our clients and prospects.  In a recession, expenses matter more than ever and in recent months, we’ve seen an increase in inquires about relocations to DFW.
 
“I’m currently working with two companies outside of Texas who are considering the region for their headquarters.  Of the many reasons why North Texas is a fit, one stands out in my mind – we’re business friendly.  Jobs grow our communities so it’s obvious they are welcomed.”                –  Jeff Staubach 
 
According to NFL sources, 65% of all Super Bowl attendees are corporate decision makers – most of whom are traveling to the game from other parts of the country.  To many, the Super Bowl is just a sporting event, but to the business world and to North Texas in 2011, it will be a chance to showcase the Metroplex – the people and attractions that have made our area the fastest growing in the nation.  There’s been some recent news coverage on the local networks on the Super Bowl’s impact, how some of the estimates seem too high and cannot be easily defended.  We’re not going to pick a side in that debate, but undoubtably the Super Bowl XLV gives North Texas one more opportunity to showcase what a great place it is.  I think we can all agree that’s a good thing.