Monday, March 7, 2011

Jones Lang LaSalle Completes 27,280 SF Office Lease with Haight Brown & Bonesteel in Downtown Los Angeles

 LOS ANGELES, CA, Mar. 7, 2011 — Jones Lang LaSalle represented Haight Brown & Bonesteel in a 10-year, 27,280-square-foot sublease from Jones Day at City National Plaza (top left photo), located at 555 South Flower Street in Downtown Los Angeles. 

The new space will be used for the company’s corporate headquarters.  Haight Brown & Bonesteel, a leading law firm in California for more than 70 years, previously occupied space in West Los Angeles.

Jones Lang LaSalle’s team of Managing Director Tony Morales and Senior Vice President Darren Eades represented Haight Brown & Bonesteel in the transaction.  Jones Day was represented by Eric Duncanson of Cushman & Wakefield.

"Moving downtown has been part of our strategic expansion plan since I became Managing Partner," said Chris Stouder, Managing Partner of Haight Brown & Bonesteel. "The increasing need to be in a location that allows us to attract numerous, highly-qualified professionals makes the timing right for this move. We need to be located in the heart of the city."

Currently, there is approximately 223,295 square feet of available office sublease space in Downtown Los Angeles, according to Jones Lang LaSalle Research.

“With our extensive tracking of available law firm space – both direct and sublet - we were able to uncover the perfect solution that fit the firm's long term strategic plan at an attractive rate," said Eades.

 “Due to the lack of second generation law firm space, it is critical to know how all firms are currently utilizing their space in order to take a proactive approach to identifying alternatives for your client.”

Haight Brown & Bonesteel provides services through more than 65 lawyers practicing in Los Angeles, Orange County, San Diego, Riverside and San Francisco. The firm assists clients in a variety of practice areas, including appellate, business solutions, bankruptcy, collections, product liability, construction law, employment & labor, insurance coverage & litigation, product liability, professional liability, toxic tort & environmental law, and trucking & transportation law.

Contact: David Ebeling, Ebeling Communications, (p) 949.861.8351,
(c) 949.278.7851, david@ebelingcomm.com

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