JLL hired to lease CalSTRS HQ in West Sacramento

SACRAMENTO, October 29, 2019 – JLL has been hired by California State Teachers’ Retirement System (CalSTRS) to lease 6 floors, totaling approximately 150,000 square feet, at 100 Waterfront Place in West Sacramento. 100 Waterfront Place is a 17-story, 409,000 square foot, LEED Platinum office building and home to the pension fund’s headquarters. This trophy office building was completed in 2009 and is one of the most recognizable office buildings in the Sacramento skyline. The space will be available in the Fall of 2022.

CalSTRS has started construction on the second phase of its campus which will result in the addition of a 10-story, 510,000 square foot building on what is now a surface parking lot adjacent to CalSTRS existing headquarters. This move will allow CalSTRS to provide for its future growth while strategically leasing space to 3^rd party tenants in the 100 Waterfront Place tower until it is needed.

 “Waterfront Place is an exceptional opportunity for both private and public sector tenants to locate into a best of class waterfront property that offers an amazing easterly view of the downtown.  It is one of the few opportunities with this much space available in such a high-quality building and location,” said Greg Levi of JLL, who leads the leasing team for the building.     

In Northern California, JLL is a market leader employing more than 1,200 of the super-region’s most recognized and technologically-adept industry experts. The firm offers a broad range of services in the region including office, industrial/logistics, retail, healthcare and data center brokerage and provides tenant representation to many of the area’s largest employers and most dynamic technology start ups.

In addition, JLL provides property and facility management services to landlords and corporate users --and capital markets and multifamily investment expertise to major institutional investors. JLL also offers ground up development services, as well as related services within the real estate leasing, investment and management process to major landlords.

JLL’s Northern California organization is proud of its culture (for the last several years it has been named among the region’s Best Places to Work) as well as its work for clients. Its Northern California real estate experts are regularly recognized for their work in some of the region’s largest and most significant real estate transactions. In 2019, JLL Northern California won the JLL Cup, cementing its position as one of the most dynamic regions in the Americas.

Locally, JLL has offices in Sacramento, San Francisco, Menlo Park, Oakland, Walnut Creek and San Rafael.  Learn more at www.us.jll.com/en/locations/west