William Blair research analyst Stephen Sheldon was quoted by commercial real estate publication CoStar News, where he presented his perspective on JLL’s second quarter 2025 earnings report.

“[W]e remain constructive on JLL’s medium- to long-term outlook and its positioning to benefit from the variety of secular growth drivers that are supporting market share gains for the larger CRE firms and consistently strong growth in recurring business lines,” Sheldon wrote in a note to investors that was cited by the publication.