SfunCube Inks Oakland Lease
SfunCube, a solar incubator and co-working space started by Sungevity co-founder Danny Kennedy, just signed a three-floor lease at the Wakefield Building at 426 17th in Oakland. The 27k SF building atop BART has sat empty since Earthjustice moved its HQ to 50 Cal in S.F. Sungevity was founded in Oakland, and thanks to the explosion of solar demand, is now one of its largest tenants. (The sun hasn't been this popular since ancient Egypt.) SfunCube wanted to stay close to Sungevity's HQ in Jack London Square, says Dunhill Partners West's Benjamin Osgood, who repped the tenant. Plus, the model wouldn't work with high S.F. rents.
Danny, who authored the best-selling book "Rooftop Revolution," was recently profiled in a NYT piece. Mosaic and the California Center for Sustainable Energy will also vacate 55 Harrison and join SfunCube in the 15k SF space starting May 12. Landlord Aegon, which also owns the Transamerica Pyramid, was repped by Kidder Matthews' David Wientjes and Clayton Jew.