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Interior space to be Gold LEED certified
SAN FRANCISCO, CA, January 13, 2009 – Jones Lang LaSalle today announced the negotiation of a five-year lease for 11,030 square feet of Class-A office space at 825 Battery Street on behalf of GCI Inc., the leading San Francisco based commercial contracting/construction management firm. GCI is relocating to North Waterfront from its previous South of Market location at 185 Berry Street.
GCI will occupy the 3rd floor of the building and is scheduled to move in January 1st. Construction of the company's office interior is planned for Gold LEED certification with GCI providing its own project management services. The new lease provides GCI with an economical deal of $24 starting rental rate and three months of free rent.
Jon Faller and Michelle Wilson of Jones Lang LaSalle represented GCI in the planning, negotiation and implementation of the lease. Bart O’Connor of Cornish & Carey Commercial represented the building owner, CBS.
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 2007 global revenue of $2.7 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.2 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 $53 billion of assets under management. For further information, please visit our Web site, www.joneslanglasalle.com.
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