Keesal, Young & Logan has purchased a building in the historic Jackson Square area to house its new San Francisco office. The building is well-situated with excellent access to the firm’s clients in San Francisco’s financial district and to the state and federal courts. The firm is in the process of refurbishing the 24,500-square-foot, four-story building and expects to move into in late March, 2008.
KYL decided to purchase the building after considering the negative impact that increasing rental rates would have on its clients’ billing rates. “By capping and controlling our occupancy costs, we are able to keep our hourly rates lower for our clients,” said Peter Boutin, the managing partner of KYL’s San Francisco office.
This is not the first incident of KYL “thinking outside the box” when planning for the future. In 1993, at the depth of the Los Angeles real estate recession, the firm purchased a building in Long Beach, Calif.―a building that is now a wonderful home for the firm’s flagship office and a host site for philanthropic events, including the annual Boys and Girls Clubs luncheon.
Among the luminaries who have visited the Long Beach office for charitable and other events are former Presidents Clinton, Bush and Ford, former Prime Ministers Thatcher and Major, former Secretaries of State Kissinger and Albright, Senators Kennedy, Glenn, Bradley and Breaux, former New York City Mayor Rudy Giuliani, Robert F. Kennedy, Jr. and General Tommy Franks.
