Guess What's For Sale In Oakland

Bisnow exclusively got hold of the marketing package for the Wakefield Building, half a block from the 19th Street BART. Aegon, which also owns the Transamerica Building, listed the 1920s eight-story building at 426 17th. It was completely renovated and seismically upgraded in 2001, earning a LEED Silver stamp. The building appeals to a tech and creative tenant, with high concrete ceilings, abundant natural light, creative build-outs, and flexible floorplates. Cushman's marketing the building.

Why was now a good time for Aegon to sell? There was a big hole to fill when Earthjustice moved its HQ to 50 Cal in S.F. In came SfunCube, a solar incubator and co-working space started by Sungevity co-founder Danny Kennedy, which signed a 15k SF lease this spring. (Their rent contractually increases to $2.33 in June 2015, says the sales materials.) Dunhill Partners West SVP Benjamin Osgood (left, at last year's San Francisco Opera Bravo! Club holiday fete) repped the tenant. The building's 85% leased, with a roster that includes First Place for Youth and the American Heart Association.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's San Francisco Newsletters
Related Stories

Why Top-Secret Facilities Are Permeating Greater D.C.'s Office Market

With Occupancy Brimming, Investors Pile Into Bay Area Apartments

DivcoWest Sells Glendale Office Building For $70M

Stanford Pursuing $100M Fund For A 2M SF Expansion

Hines And Rialto Close Office Credit Fund At $1.1B

Rig Collapse At Citadel HQ Site Sends 4 To Hospital

Northern Virginia Office Tower Sells For Double Its 2024 Price

Oxford Properties' U.S. Investment Head On Why It's Buying Office Again — And Where

Fertility Provider Opens Clinic At 1900 Lawrence Office Tower: The Denver Deal Sheet

Office Revenues Are Failing To Keep Pace With Expenses

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

Stephen Ross Expands Palm Beach Empire With Massive Boca Raton Campus