Jones Lang LaSalle has agreed to purchase New Jersey-based industrial firm Klatskin Associates.

The purchase, announced today, increases the global firm’s exposure in the state to three offices.

The role of Klatskin boss Charles Klatskin is yet to be decided however the firm’s other principals Robert Kossar, David Knee, Charles Fern, Joel Lubin and Anthony Scaro join as JLL executive vice-presidents.

In addition, the purchase means Jones Lang LaSalle inherits a further 20 staff, bringing the New Jersey team to more than 300.

Los Angeles

The purchase, for an undisclosed price, follows that of Los Angeles-based Zietsman Realty Partners and Corporate Realty Advisors in North Carolina.

Craig Meyer, director of JLL’s US national industrial team said: ‘New Jersey is the fourth largest industrial market in the United States and, as home to many Fortune 500 companies and the key port of entry for the East Coast, the premier industrial market in the northeast region.’