Skip Ribbon Commands
Skip to main content

News release

LOS ANGELES

Bonne, Bridges, Mueller, O'Keefe & Nichols to Relocate to Downtown Los Angeles

JLL represents law firm in 10,302-square-foot office lease at Wells Fargo Center


LOS ANGELES, Feb. 15, 2017JLL represented Bonne, Bridges, Mueller, O'Keefe & Nichols in a new 10,302-square-foot office lease at Wells Fargo Center, a Class A, 1.1 million-square-foot office building located at 355 S. Grand Avenue in downtown Los Angeles.  Bonne, Bridges, Mueller, O'Keefe & Nichols is relocating its headquarters from the Mid-Wilshire submarket of Los Angeles.

JLL Los Angeles Darren Eades, Tony Morales and Maureen Hawley represented Bonne, Bridges, Mueller, O'Keefe & Nichols. The landlord, Brookfield Office Properties, was represented in-house by James Malone.

"Bonne, Bridges, Mueller, O'Keefe & Nichols had been headquartered in the Mid-Wilshire area for 55 years but decided it was time for a change," said Eades.  "The law firm decided to move to downtown Los Angeles to create a modern, collaboration work environment that would allow them to recruit and retain top talent." 

According to the 2016 JLL Law Firm Perspective, with decreasing AmLaw100 gross revenue and profit per partner and revenue per lawyer growth, firms must not only continue to search for and improve upon revenue growth in a time of less global certainty, but also make further moves toward lowering cost. One way to do that is in the efficiency in their real estate footprints. In 2015, AmLaw 100 firms saw a combined increase in gross revenue of just 2.7 percent, the slowest rate since the recession, while profit per partner and revenue per lawyer growth declined by 130 basis points and 110 basis points, respectively. Countering this trend are firms with expertise in emerging and high-growth segments such as intellectual property, tech, cybersecurity, M&A, international business and entertainment law, among other areas.

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. A Fortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At year-end 2016, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 77,000. As of December 31, 2016, LaSalle Investment Management has $60.1 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.