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CHICAGO — Jones Lang LaSalle, in partnership with TR Advisors, has been selected to manage certain real estate holdings for the Chicago Transit Authority (CTA), which is the second largest transportation system in the United States. While serving as CTA’s real estate broker, Jones Lang LaSalle will be responsible for securing concessions at CTA stations and increasing efforts to establish transit-oriented development across the CTA system. This is the first time the CTA has outsourced management of its real estate portfolio. Kurt Little and Lorna Moritz are leading the Jones Land LaSalle team.