The company began as one of the early pioneers in the development of the enclosed regional shopping center concept and developed some of the nation’s first and most successful regional malls. By the 1990’s, The Jacobs Group owned and had developed more than 50 million square feet of commercial real estate throughout the United States.(Re)Developing Cleveland
In 1986, Jacobs Group founders, the late Richard E. Jacobs and David H. Jacobs, acquired the Cleveland Indians baseball franchise and are widely credited with preventing a move of the team to another city. During Jacobs’ ownership, the Indians went from a perennial cellar-dwelling team to becoming one of Major League Baseball’s most admired and emulated organizations, winning two American League Championships and six Central Division Championships. The team’s record of 455 consecutive sellouts at Jacobs Field (now Progressive Field) remains a Major League Baseball record.The Jacobs Group Today
JRES continues to build on the foundation established by The Jacobs Group by offering comprehensive third-party property management, brokerage, leasing, development and construction services for owners of multi-tenant and single use office, specialized-use, and mixed-use properties.