JLL advises Shartsis law firm HQ lease in San Francisco
Optimized downtown space to capitalize on high-productivity office design trends
JLL announced today arranging a lease on behalf of Shartsis Friese LLP for 26,000 square-feet of office space at 425 Market Street, relocating the storied national law firm’s headquarters for the first time in over 30 years. Shartsis Friese is now underway on design of the interior improvements of its new space on the 11th floor of the downtown high-rise, working with Gensler architects and JLL Project & Development Services to create a modern workplace befitting the evolving needs of the workforce of the present, and future.
JLL’s Tenant Representation team of Hugh “Scotty” Scott, Matt Aljets and Travis James represented Shartsis Friese. JLL project manager Michael Payne leads the interior-improvements efforts. Skyline Construction is general contractor. 425 Market Street is owned by MetLife and Norges.
Said Aljets, “Our team kicked off this project in Q4 2021, and to define project success from the beginning, we surveyed 60 firm stakeholders. We knew that Shartsis was eager to modernize its space and that having everyone on one floor was a key priority. JLL is delighted to be at the forefront of Shartsis Friese’s industry-leading evolution while providing them with unmatched service and expertise.”
According to Shartsis Friese Managing Partner Neil Koren, “The Firm is excited to be moving in early 2024 to its new home at 425 Market Street. This is a prime location in San Francisco’s Financial District and marks a significant milestone for the firm. This new space will allow us to support all of our legal and administrative support functions and provide us with room for continued growth. This move represents our lasting commitment to client service, and employee satisfaction and accounts for our vision of the modern workplace.
“We were drawn to the JLL team’s impressive tenant-side expertise, and a number of our firm’s real estate partners have been in deals with them in the past and have seen the way they work. We are extremely pleased with their representation of the firm’s interests, which resulted in a solid and economically favorable deal for our new home.”
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $20.9 billion, operations in over 80 countries and a global workforce of more than 103,000 as of December 31, 2022. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.