SAN JOSE — JLL, one of the nation’s top commercial real estate brokerages, has decided to open an office at Santana Row, a destination center in San Jose.
The new office would mark JLL’s first-ever foray into the Bay Area’s largest city.
JLL has leased 5,400 square feet near the corner of Santana Row and Tatum Lane in the San Jose village of offices, shops, restaurants, homes, and hotel facilities whose principal owner and developer is Federal Realty Investment Trust.
“We are excited to plant our flag at Santana Row, a vibrant community that superbly complements our JLL culture,” said Kirsten Grado, a JLL managing director who will head the new office.
The lease begins on July 15 and JLL intends to move some agents into the new office in August. More agents will set up shop in the new office after Labor Day, creating a full complement of agents.
A site of this size could accommodate 20 to 25 JLL agents and office staff. JLL didn’t provide a precise estimate for the number of agents that would work out of this office.
“We will be even more accessible to clients with a number of producers and operational support based here,” Grado said.
Before this San Jose office, JLL had attempted to serve Silicon Valley out of its Menlo Park location. The San Jose site will be JLL’s seventh office in the Bay Area, according to Grado.
“We look forward to delivering the fully amenitized workplace JLL’s employees and clients will soon enjoy,” said Jan Sweetnam, chief investment officer with Federal Realty.
JLL will occupy portions of the first and second floors in the space, which is next to the Arc’teryx store at Santana Row, according to a JLL media representative.
“The opening of our San Jose office is an investment in our people and our clients,” Grado said. “We see significant opportunity to capitalize on the increased demand as the market recovers.”
