The Space Place represented Wilson, Sonsini, Goodrich & Rosati (WSGR) in opening a new branch office location at One Market Plaza.
Objectives:
WSGR was opening a new branch office in San Francisco to be closer to many of their creative clients. Their goals included the desire to:
- Find a building that would resemble the look and feel of their clients’ “creative” buildings in SOMA;
- Replicate the sophisticated building systems and security of their Palo Alto buildings to accommodate their extended hours of operation; and
- Find high caliber building management that could be flexible to their needs.
The Results:
The team carefully studied an assortment of buildings in SOMA, eventually gravitating to One Market Plaza, which was exceptionally accommodating. We were able to negotiate a 10-year lease with multiple options to renew and expand, controlling up to 10 additional floors. As we’ve done previously for numerous law firm clients, we negotiated a non-recourse lease and waiver of security.
The Bottom Line:
A spectacular client received a spectacular deal—with a view!
Is your lease is up within the next three years? We should talk now. We go the extra mile for our clients…big and small.
- See the unique Process we use to manage lease planning, logistics and negotiations.