STARTUP LEASE KING

JLL VP Travis James has a cool job (sorry, stunt drivers, time to go back to school)—he negotiates leases for the Bay Area’s hotteststartups. When Twitter, Yammer, and Eventbrite decide they'll flourish in a new space, Travis builds in lease terms (think flexibleexpansion or termination) that benefit young companies in growth spurts experimental business and financing models.
Open floor plans, exposed brick walls, and expanded ceilings are much desired, to help define a corporate identity that’s distinct from older generations. Travis’s own secret weapon in the anti-suit aesthetic? His trusty Patagonia vest, which he dons instead of a jacket when working with young tech geniuses. (What happened to hoodies?)
Travis’s arsenal of fleece paid off when he recently inked a deal to move online advertising remarketing firm ReTargeter (founded byDev Aroroa, formerly head of biz dev for Yahoo Real Estate) from 26 O’Farrell St into its new dynamic SOMA space at 33 New Montgomery. The 20-story, institutionally owned and managed Class-A office tower appealed to the high-growth company because of its neighborhood, proximity to BART, MUNI and retail, and ease of access to the Bay Bridge.
After negotiating Twitter’s move into 1355 Market St for next June, Travis is now offering creative sublease solutions for its current HQ in SOMA. To find the space, he worked with JLL’s Andy Poppink,David Churton, and Derek Johnson. The Mid-Market building has 80k SF floor plates and a stellar economic package from Mayor Ed Lee. High hopes: With the announcement that Swinerton Buildershas received the green light to begin work on a $200M, 749-unit apartment complex developed by Crescent Heights located right next door at 10th and Market, it appears that the area will be experiencing growth almost eight months before Twitter’s relocation.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Raleigh/Durham Newsletters
Related Stories

Ireland's AI Funding Boom Helps Drive Down Dublin Office Vacancy Rates

How AI Is Reshaping Brokerage Operations And Investor Portfolios

Meet The Early Movers In America's $3T Push For Manufacturing Construction

SFF Realty Partners Extends Spending Spree With $82M Acquisition In Downtown San Jose

Drawbridge Realty Acquires 180K SF Office Building In Sunnyvale For $219M

Rates, Rents And AI Risks: Peter Linneman's Warning For CRE

Clarion Hires Prologis Executive To Lead Power Strategy

Logistics Company Buys Land For 1.2M SF Phoenix Industrial Park

Delaware Statutory Trust Fundraising Jumps 27% From 2025

Raleigh OKs 6-Month Data Center Pause As Moratoriums Sweep North Carolina

San Francisco Office Market Climbs, Fueling Demand For Large Blocks, Luxury Space

DHS Buys 3 More Detention Facilities From The Geo Group For $950M