San Francisco-based Riverbed Technology, a technology company that helps customers implement strategic initiatives such as virtualization, consolidation, cloud computing and disaster recovery, engaged Jones Lang LaSalle to create a relocation strategy for their new global headquarters.
With three years left on their lease, our specialized team helped develop
Riverbed’s growth strategy and negotiate a 200,000 square foot lease with space that they can build out to fit their existing and future needs.
We leveraged uncertain capital markets by negotiating an anchor tenant
pre-lease at below-market rents so the landlord could commence the project.
We also obtained prime building signage and significant expansion options for
Riverbed without impacting the current GAAP obligations. And Riverbed’s new,
prominent location in downtown San Francisco will help them recruit and retain
Jones Lang LaSalle helped position Riverbed for performance and success; that’s real value.