Real estate giant JLL is buying Boston property software firm Building Engines for $300M

Tim Curran will stay with JLL after the real estate giant buys the Boston firm he leads, Building Engines.Photo courtesy of Building Engines

It has been a busy week for two of Boston’s best known property-software firms, with Building Engines agreeing to be sold to Chicago-based real estate giant Jones Lang LaSalle and HqO announcing the acquisition of a rival from Europe.

JLL on Thursday said it will buy Building Engines, a maker of property-management software, for $300 million. The current executive team at the 150-person company, led by chief executive Tim Curran, is expected to join JLL’s roughly 3,000-person software arm, JLL Technologies, after the deal closes later this year. Building Engines, which was founded about two decades ago, serves more than 1,000 clients and more than 35,000 properties.

The firm’s software helps landlords manage and coordinate everything from visitor check-ins to equipment replacement. JLL is one of its biggest…

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