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News release

SAN FRANCISCO, CA

Online Ad Retargeting Firm ReTargeter LLC Moves to New San Francisco Location


SAN FRANCISCO, Oct. 27, 2011 – Online ad remarketing firm ReTargeter LLC has signed a lease at 33 New Montgomery St., a move that takes it from its current location at 26 O’Farrell St., into the city’s dynamic SOMA submarket.

Travis James, a Vice President in Jones Lang LaSalle’s San Francisco office, advised ReTargeter in its search for space and handled negotiations with new landlord, Glenborough Realty Trust.  Glenborough was represented by Grubb & Ellis.
Founded in 2009 by CEO Arjun Dev Arora, formerly head of Business Development of Yahoo! Real Estate and an investment banker for Jefferies Broadview, ReTargeter optimizes clients’ online banner ads by using a proprietary optimization engine to “tag” visitors to sites allowing site owners to market to their audience even after they leave the site.  The company has been experiencing phenomenal growth as the appeal of retargeting services has expanded and it needed to find space to accommodate its current workforce as well as provide flexible solutions for future expansion.  
 
33 New Montgomery is a 20-story, institutionally owned and managed Class A office tower constructed in 1986 which is EnergyStar certified.  The building was appealing to ReTargeter primarily because of its SOMA/Financial District location, proximity to BART, MUNI and retail amenities, and ease of access to the Bay Bridge.

About ReTargeter LLC


ReTargeter helps people and businesses maximize their marketing spend through simple and effective display retargeting solutions. ReTargeter aims to drive conversions and keep brands "top of mind" by allowing advertisers to market to their audience after leaving its website. Advertisers leveraging ReTargeter's network will gain access to over 98% of ad inventory, a comprehensive optimization engine and strategic support team, and ReTargeter's self-service display platform, ReTargeter Insights. ReTargeter is a privately held company based in San Francisco, California. For more information on ReTargeter, please visit www.ReTargeter.com.

About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with $45.3 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.com.