5 of Oakland's Most Important Q3 Deals
Oakland's growth continued to ramp up this year with companies moving into the city or expanding in its Lake Merritt/Uptown and Downtown districts in the third quarter, occupying nearly 600k SF of office and retail space. Here are some of the most significant transactions.
1) Uber
The ride-on-demand giant purchased the Sears Building at 1945 Broadway (now Uptown Station)—382k SF of prime space for its Bay Area headquarters expansion.
2) Brown & Toland and Union Bank
The Brown & Toland medical group signed a 59,500 SF lease at 1221 Broadway for a medical office. Union Bank leased 37,200 SF.
4) Corelogic
The global property information, analytics and data-enabled services provider signed a 23,800 SF lease at 555 12th St.
5) California Institute of Regenerative Medicine
The stem cell agency signed a 17k SF lease at 1999 Harrison St (Lake Merritt Plaza).
