Commercial property firm Jones Lang LaSalle Inc. announced Wednesday its intent to acquire artificial intelligence startup Skyline AI Inc., in the latest example of how the technology is increasingly being used to gain a competitive advantage in the real-estate industry. The real-estate and investment management services firm known as JLL said it plans to use New York-based Skyline AI's technology to help clients predict future property values, identify new investment opportunities and decide when to raise rent, renovate or sell, among other business decisions. "It'll give our real estate clients deeper and faster insights," related to buying, developing, operating, selling and financing properties, said Yishai Lerner, co-chief executive of JLL Technologies, a division that focuses on enhancing technology capabilities for JLL. JLL manages more than 5.4 billion square feet of real-estate property around the world and its clients include owners of so-called multifamily or residential buildings, as well as institutional pension funds, insurance companies and real-estate property companies, among others. The deal for Skyline AI will close within days, Mr. Lerner said.