Okta’s Lease Agreement for New San Francisco Headquarters

Paul Hastings represented Okta, a leading provider of identity for the enterprise, in the 10-year lease of 207,000 square feet for the company’s new headquarters at 100 First Street in the South of Market district of San Francisco.

Okta expects to occupy the space in stages, beginning in the second quarter of 2018.

Okta, Inc. operates an integrated system that connects persons via devices. The company’s identity cloud connects various companies to pre-integrated apps and devices every day. The company, led by Todd McKinnon, J. Frederic Kerrest and Charles Race, offers single sign-on, mobility management, adaptive multi-factor authentication, lifecycle management, and universal directory products for IT customers; and complete authentication, user management, flexible administration, API access management, and developer tools for developers.

The Paul Hastings team was led by Real Estate partner Steve Berkman (Picture) and included associates Anna Cressman, and Samantha Sheehan.

Involved fees earner: Stephen Berkman – Paul Hastings; Anna Cressman – Paul Hastings; Samantha Sheehan – Paul Hastings;

Law Firms: Paul Hastings;

Clients: Okta, Inc.;


Author: Ambrogio Visconti