JLL Opens New Office, Stokes it with Mathisen

PALO ALTO, CA-Jones Lang LaSalle has opened a Silicon Valley office for the first time and stoked with Scott Mathisen, a top producer in the Valley for the past 16 years. As managing director, Mathisen will lead the new office with Erich Sengelmann, who heads up JLL’s Northern California brokerage and consulting units.

JLL’s expansion plans for the Bay Area were first reported on GlobeSt.com in July. At that time, Sengelmann told GlobeSt.com that the regional expansion follows the significant growth in the firm’s local business, growth it expects to continue. Since July 2005, the firm has expanded its management portfolio by more 10 million sf and added two big name corporate clients.

Its property management business now totals more than 31 million sf and its corporate clientele includes Sun Microsystems, Cisco Systems, Solectron, VeriSign, Synopsys, Kaiser Permanente and Wells Real Estate Funds. “We’ve got great momentum and very ambitious plans,” Sengelmann told GlobeSt.com in July. He was not available Friday to discuss the size and the length of its lease commitment.