Cushman & Wakefield Advises Dostart Development Company on 101,796 SF Lease
Redwood City, CA – 17 January 2017 – Dostart Development Company, LLC (“DDC”) and Cushman & Wakefield announce a long-term lease with Goodwin Procter LLP (“Goodwin”) to be the anchor tenant in more than 100,000 square feet at DDC’s new Class A+ office development currently under construction at 601 Marshall Street in Redwood City (www.601marshall.com). The pre-certified LEED Platinum project, which is scheduled for completion by the end of the year, is located in the vibrant heart of downtown Redwood City, steps from the Caltrain Baby Bullet, countless dining and entertainment amenities and ±2,000 new Class A residential units. Cushman & Wakefield Executive Managing Directors Ben Paul and Mike Connor represented DDC and are leading the marketing activities for the 35,000 square feet of space remaining in the project.
Founded in 1912, Goodwin is a global 50 law firm with a history of working on groundbreaking matters, and an increasingly focused approach to working with clients in the financial, private equity, real estate, technology and life sciences industries. Goodwin was represented in the lease transaction by Steve Barker and Michael McCandless of Savills Studley.
“We are excited to help Goodwin build their new Silicon Valley home in downtown Redwood City,” said Mollie Ricker, Partner of Dostart Development Company, “They are a world class law firm and this is a one-of-a-kind project.” Steve Dostart, President, added, “We are equally excited to bring this great corporate citizen to the downtown as they will be a strong contributor to the wonderful fabric of Redwood City’s renaissance.”
“Goodwin is looking forward to creating an exciting, high-quality environment for our partners, employees and clients as part of the broader downtown,” said Alex Randall, Partner and Real Estate Counsel for Goodwin. Lynda Galligan, Partner and Silicon Valley Chair, added, “We are attracted to downtown Redwood City’s dynamic combination of connectivity, walkable amenities, and community spirit. 601 Marshall was the clear choice for our new home.”
At Goodwin, we use law to achieve unprecedented results for our clients. Our 900 plus lawyers across the United States, Europe, and Asia excel at complex transactions, high-stakes litigations and world-class advisory services in the financial, life sciences, private equity, real estate, and technology industries. We partner with our clients to practice law with integrity, ingenuity, agility and ambition. To learn more, visit us at www.goodwinlaw.com and follow us on Twitter at @goodwinlaw and on LinkedIn.
The principals of Dostart Development Company have been developing high-quality office buildings within Silicon Valley and the San Francisco Peninsula for more than 25 years. DDC has been a pioneer in Transit-Oriented Development and utilizing the LEED standards for sustainable design. To learn more, visit www.dostart.com.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
About the Project
601 Marshall Street is an 8-story, Class A+ office development in Downtown Redwood City. The ±35,000 square feet of space remaining includes the 4th floor with a prominent tenant terrace and the ground floor with spectacular street presence and an exclusive entry. To learn more, visit www.601marshall.com.